Industrial Property for Sale in Industrial Area

Prime Industrial Property for Sale Off Mombasa Road An exceptional investment opportunity in one of Nairobi’s most strategic industrial zones. This expansive industrial property is ideally located off Mombasa Road, offering excellent accessibility, strong rental income potential, and a well-developed infrastructure suitable for logistics, warehousing, manufacturing, and commercial operations. The property sits on approximately 1.435 acres under a 99-year lease commencing from 1987, making it a highly valuable long-term industrial asset within a prime commercial location. The development has been thoughtfully designed in two distinct phases with a total built-up area of approximately 33,000 square feet, inclusive of supporting facilities and operational spaces. Phase 1: The first phase comprises two spacious godowns, each measuring approximately 9,000 square feet. These units are currently vacant, presenting an immediate opportunity for owner occupation or new tenancy arrangements. This section of the property benefits from its own dedicated entry and exit gate opening onto Masai Road, ensuring smooth access control and operational convenience. Phase 2: The second phase features three well-constructed godowns with a combined lettable area of approximately 13,000 square feet. This section is currently income-generating, bringing in approximately KES 1,550,000 per month in rental income, making it an attractive proposition for investors seeking immediate returns. Access to this phase is through a separate entry and exit gate directly connected to the main ICD Road, providing excellent connectivity for transport and logistics operations. Property Features & Amenities: • Approximately 1.435 acres of prime industrial land • 99-year lease from 1987 • Total built-up area of approximately 33,000 sq. ft. • Two separate operational phases • Phase 1 includes two vacant godowns of 9,000 sq. ft. each • Phase 2 includes three income-generating godowns totaling approximately 13,000 sq. ft. • Current monthly rental income of approximately KES 1,550,000 • Separate entry and exit gates for each phase • Direct access to Masai Road and ICD Road • Spacious cabro-paved yard ideal for truck movement, loading, offloading, and parking • Individual guard houses at each gate • Secure perimeter wall enhancing security and privacy • Insulated roofing within the godowns for improved temperature regulation • External staff washrooms and support facilities • Well-designed layout suitable for warehousing, distribution, logistics, and industrial operations Strategically positioned near Mombasa Road and the Inland Container Depot (ICD), the property enjoys excellent connectivity to major highways, JKIA, Nairobi CBD, and key commercial hubs, making it ideal for businesses requiring efficient transport and logistical access. Asking Price: KES 270 Million + VAT This is a rare opportunity to acquire a high-value industrial investment property in one of Nairobi’s most established and high-demand industrial corridors, offering both immediate rental income and long-term growth potential.