1.435 ac Commercial Property with Parking at Masai Road

KSh 270,000,000

Masai Road, Mombasa Road

Size:

1,44 ac

Report

Commercial Property Description

This commercial 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