Warehouse for sale
Commercial Office & Warehouse Property
Commercial Office & Warehouse Property for Sale on Airport North Road, Embakasi a recently completed modern mixed-use commercial development strategically located along Airport North Road, Embakasi, just 500 metres from Mombasa Road. The property sits on approximately 2 acres and has a total built-up area of approximately 117,983 SQFT, comprising office and warehouse space. Property Details: - Land size: 2 acres (84,353 SQFT) - Total built-up area: approximately 117,983 SQFT - Office space: approximately 77,913 SQFT - Warehouse space: approximately 39,220 SQFT - 52 basement and mezzanine parking bays - Modern 5-storey office block - Reception and lift lobbies - Offices and washrooms on each floor - Mains water and sewer connection - KPLC mains power - Backup generator - Fire exit from 5th floor to ground floor Investment Opportunity: The 39,220 SQFT warehouse is already occupied and rented under a lease running until 31 October 2030, providing an existing rental income stream. The 77,913 SQFT office block is currently vacant, offering the new owner an opportunity to lease it out and generate additional income. The property is therefore suitable for an investor seeking both existing rental income and further income-generation potential. Tenure: 99-year leasehold interest from 1 September 1989. Annual head rent: KSh 56,820 Selling Price: KSh 650,000,000 For sale by private treaty. Viewing is strictly by appointment. For more information and viewing: Call/Text/WhatsApp: 0703 677 451 Sadiamond Properties Ltd