A $1,000 Value Report for Research and Investment Firms
Summary
This report provides an in-depth analysis of top commercial properties across Nairobi and its suburbs, segmented by offices, retail spaces, and industrial warehouses. Each listing includes critical details such as location, price (KES, USD, GBP), type, and size range. Additionally, insights into market trends and recommendations for investors have been included to ensure this report is actionable and valuable.
Verdict and Recommendations
- Office Spaces: Opportunities are abundant in Westlands and Upperhill, where prices range from $1.25 to $2.00 per sq ft, making them attractive for businesses seeking a central location.
- Retail Spaces: Retail properties like Greenspan Mall and The Junction Mall have steady demand with affordable rates of $1.89 per sq ft, ideal for long-term leases.
- Industrial Warehouses: Strategic locations like ICD Business Park and Funzi Road provide the best value for logistics and manufacturing hubs, with rates as low as $0.19 per sq ft.
For investors, Westlands, Tatu City, and Limuru Road remain high-potential areas for capital appreciation and rental yields.
Property Listings by Category
1. Office Properties in Nairobi
1. The Mandrake
- Location: Westlands
- Price: KES 182,000 | $1.30 | £1.06 per sq ft
- Size Range: 232 - 11,148 sqm
2. Matrix One
- Location: General Mathenge, Westlands
- Price: KES 189,000 - 280,000 | $1.35 - $2.00 | £1.10 - £1.63 per sq ft
- Size Range: 210 - 10,102 sqm
3. Jahazi
- Location: James Gichuru Road, Lavington
- Price: KES 175,000 | $1.25 | £1.02 per sq ft
- Size Range: 279 - 2,157 sqm
4. 4th Ngong Avenue
- Location: Upperhill
- Price: KES 90 | $0.60 | £0.57 per sq ft
- Size Range: 929 sqm
5. The Hub Karen
- Location: Dagoretti Road, Karen
- Price: KES 75 | $0.50 | £0.47 per sq ft
- Size Range: 79 - 2,991 sqm
2. Retail Properties in Nairobi
1. The Radiance
- Location: 1st Parklands Avenue
- Price: KES 175 - 245 | $1.15 - $1.60 | £1.10 - £1.55 per sq ft
2. Two Rivers Mall
- Location: Limuru Road
- Price: KES 300 | $2.00 | £1.89 per sq ft
- Size Range: 28 - 1,394 sqm
3. T-Mall
- Location: Langata Road
- Price: KES 300 | $2.00 | £1.89 per sq ft
- Size Range: 13 - 2,787 sqm
4. Ridgeways Mall
- Location: Kiambu Road
- Price: KES 220 | $1.50 | £1.39 per sq ft
- Size Range: 38 - 158 sqm
5. Greenspan Mall
- Location: Donholm
- Price: KES 300 | $2.00 | £1.89 per sq ft
- Size Range: 24 - 246 sqm
3. Industrial Properties in Nairobi
1. M&T One
- Location: Tatu City
- Price: KES 820,000 | $5.50 | £4.47 per sq ft
- Size Range: 550 - 4,200 sqm
2. FEIL Industrial Park
- Location: Off Mombasa Road
- Price: KES 45 | $0.30 | £0.28 per sq ft
- Size Range: 706 - 855 sqm
3. Funzi Road
- Location: Industrial Area, Off Enterprise Road
- Price: KES 56 | $0.40 | £0.35 per sq ft
- Size Range: 1,256 sqm
4. ICD Business Park
- Location: Mombasa Road
- Price: KES 30 | $0.20 | £0.19 per sq ft
- Size Range: 1,068 - 16,026 sqm
Investment Trends in Nairobi's Property Market
- Growing Demand for Mixed-Use Developments: Properties combining residential, office, and retail spaces are seeing increased demand.
- Industrial Parks Rising in Importance: Logistics-focused developments like ICD Business Park are highly sought after due to Nairobi's position as a regional hub.
- Retail Stabilizing Post-COVID: Spaces like Two Rivers Mall are stabilizing rental prices and tenant occupancy.
Why Invest in Nairobi's Commercial Real Estate?
- Strategic Location: Nairobi is a gateway to East and Central Africa.
- Infrastructure Development: Enhanced connectivity via expressways and railways boosts property appeal.
- Growing Urban Population: Rising urbanization drives demand for commercial spaces.
Contact for Further Analysis
For exclusive access to detailed data and custom reports, contact Nakibolis Heirs Limited:
- Email: nhl@haofinder.com