Warehouse for sale
Industrial Warehouse Complex on 1.5 Acre Plot in Industrial Area
This industrial property is strategically located along Masai Road off Mombasa Road, sitting on approximately 1.435 acres under a 99-year lease from 1987. The development comprises two phases with a total built-up area of approximately 33,000 sq. ft., including support facilities. Phase 1 features two godowns of 9,000 sq. ft. each, currently vacant, with a dedicated entry and exit gate onto Masai Road. Phase 2 consists of three godowns with a combined lettable area of approximately 13,000 sq. ft., presently generating an income of approximately Kshs. 1,550,000 per month, and accessed via a separate entry and exit gate on the main icd Road. Additional amenities include individual guard houses at each gate, a secure perimeter wall, insulated roofing within the godowns, external staff washrooms, and a spacious cabro-paved yard suitable for parking and efficient logistics operations. Asking Price: Kshs. 270 Million + VAT
