5,000 ft² Office with Service Charge Included in Mombasa Road

Located along Mombasa Road, this 5000 sq. ft unit offers seamless access to Nairobi CBD with excellent connectivity via the expressway, ensuring smooth logistics and easy access. The unit also guarantees an environment that fosters collaboration, networking, and growth. Rent Per Square Foot: At Kshs. 72 + VAT per sq. ft., the rate is competitively priced for such a well-connected location. Total Rent: The total monthly rent, inclusive of VAT, comes to Kshs. 417,600 making it cost-effective for business growth. Service Charge: To cover essential building services and maintenance, a nominal service charge of Kshs. 10 + VAT per sq. ft. applies, which totals Kshs. 58,000 inclusive of VAT. Parking: Ample parking is available, making it easy for both employees and clients to access the property. Each parking slot is charged at Kshs. 5,000 + VAT per month. The generous parking arrangements add convenience and support business operations effectively. Lease Duration: This property offers a long-term lease of 5 years and 3 months, ensuring stability for businesses to grow and prosper. Upfront Payments: Tenants are required to pay three months’ rent in advance along with a three-month refundable deposit. The deposit will include parking rent and service charges to streamline the move-in process. Annual Escalation: An industry-standard 7.5% annual escalation rate is applied to the rent, allowing businesses to plan future budgets with confidence and predictability. Legal Fees: The tenant will cover the legal fees associated with the lease agreement. The final amount will be determined in consultation with the landlord during negotiations. Fit-Out Period: The property offers a one month fit-out period during which rent and parking fees are waivered but service charge and electricity are payable.