Commercial Space: Kmall
It may now be rented/sold, under offer or temporarily withdrawn from the market.
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Property Description
A newly established Mall located in Komarock Estate with a total of 95,000 sq ft of lettable space.
A comprehensive mix of rental service, food and entertainment outlet will make up the retail aspect on two expansive floors. The development comprises spaces for supermarket, banks, Satellite clinics, coffee house,bar and restaurant, office and playground.
1) Rental Rates:
i) Ground floor -- 120/-
ii) 1 st Floor - 100/-
iii) Terrace/seating area of food court and restaurant - Rate is pegged at rate of respective Food Court or restaurant rental rate A discounted rate can be given for letting the large spaces.
2) Security Deposit 3 month rent & Service charge
3) Service charge: Kshs 25 per sq ft.
4) Promotional Levy Kshs. 3 per sq ft
5) Payment: Quarterly in advance
6) Lease Term: 6 years
7) Rent escalation: 10% Per annum (5% per annum is acceptable)
Property Details
| Property Ref: 3292 | Last Updated: 23 Apr 2022 | Market Status: Not Available |
| Type: Commercial Property |
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