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KSh 550,000,000
Plaza / complex / mall for sale
A 7-Storey Building
Nairobi Central, Nairobi
Plaza / complex / mall for sale
Commercial Property Near Nyamakima-Mariam Arcade
Cross Road, CBD, Nairobi Central, Nairobi
KSh 300,000,000
Ref ID: #326-64
Posted 25 Apr 2024
25 Apr 2024
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Crownville Properties Limited
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Plaza / Complex /
Property type
About this property
Mariam Arcade is a seven-storey commercial building strategically located along Cross Road in Nairobi's Central Business District (CBD), with convenient access to Charles Rubia Road, Kirinyaga Road, and Kumasi Road. The property accommodates a mix of wholesale and retail businesses, including hardware stores and electrical, ventilation, and refrigeration suppliers, benefiting from the CBD's vibrant commercial activity. Investment Highlights -Monthly Rental Income: KSh 2 Million
- Annual Rental Income: KSh 24 Million
- Rental Escalation: 5% annually across all tenancy contracts
- Building: Seven floors
- Location: Nairobi CBD
With established rental income and annual rental escalations, Mariam Arcade presents an attractive opportunity for investors seeking a commercial property in a prime urban location. Asking Price: KSh 300 Million.
Property details
Reference ID
#326-64
Listed by
Crownville Properties Limited
Property type
Plaza / Complex / Mall
Listing status
Plaza / complex / mall for sale
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Disclaimer
The information displayed about this property comprises a property advertisement. Kenya Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Kenya Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Crownville Properties Limited. Kenya Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
