Description
High-Yield Income Property | Fully Tenanted | Strategic Location off Mombasa Road
This prime industrial complex for sale in Syokimau offers investors a rare opportunity to acquire a fully let, income-generating asset in one of Nairobi’s fastest-growing commercial and logistics hubs. Strategically located just behind Gateway Mall, second row from Mombasa Road, the property enjoys excellent accessibility to key transport corridors and a strong tenant base, making it an exceptional long-term investment.
Property Overview
- Total Units: 14 well-built godowns, all currently occupied by established tenants.
- Unit Size: Approx. 10,150 sq. ft. per godown.
- Total Built-Up Area: Approx. 142,100 sq. ft.
- Rental Rate: Approx. KES 34.5 per sq. ft.
- Monthly Net Income: KES 4.9 million.
- Condition: The property is well-maintained, with solid infrastructure and services in place.
- Tenancy: Fully occupied, ensuring stable and predictable rental income.
Financial & Investment Highlights
This industrial park is selling as a whole at KES 850 million (inclusive of VAT, slightly negotiable). With a consistent monthly net income of KES 4.9 million, the complex guarantees attractive rental yields, making it a secure and profitable investment.
Key investment advantages include:
- Steady Cash Flow: Immediate rental income from sitting tenants.
- Attractive Returns: Competitive rental yields supported by Nairobi’s rising demand for warehousing and industrial space.
- Capital Appreciation: The Syokimau area continues to experience rapid growth due to infrastructural developments, positioning this asset for long-term value growth.
- Strong Tenant Security: Fully let with minimal risk of vacancy.
Strategic Location – Syokimau, Mombasa Road
The property’s location is one of its strongest selling points:
- Accessibility: Second row from Mombasa Road, directly connected to Nairobi Expressway, Jomo Kenyatta International Airport (JKIA), and the Nairobi CBD.
- Proximity to Major Transport Links: Close to the SGR Terminus, JKIA cargo facilities, and key logistic routes, making it ideal for distribution, storage and manufacturing operations.
- Growing Industrial Hub: Syokimau has rapidly evolved into one of Nairobi’s most sought-after industrial zones, attracting multinational and local companies alike.
Development & Expansion Potential
While currently yielding strong returns as a fully tenanted complex, the property offers room for:
- Future Value Addition: Potential to upgrade facilities or reconfigure spaces to attract premium tenants.
- Long-Term Appreciation: Rising land values in the Syokimau – Mombasa Road corridor ensure continued capital growth.
- Industrial Demand: With limited supply of large-format godowns in Nairobi, occupancy demand is expected to remain high.
Deal Summary
- Property Type: Industrial Complex (14 Godowns).
- Location: Syokimau (near Gateway Mall), second row from Mombasa Road.
- Size: 142,100 sq. ft. total, approx. 10,150 sq. ft. per unit.
- Tenancy: Fully let.
- Income: KES 4.9M monthly net income.
- Asking Price: KES 850M (Inclusive of VAT, Negotiable).
- Sale Type: Whole block only – no individual unit sales.
- Offers Invited.
Why This Property Stands Out
- A turnkey investment with guaranteed income.
- Strategic location in a fast-growing industrial and logistics hub.
- Rare chance to acquire a large, fully tenanted complex near Nairobi’s key transport nodes.
- Attractive rental yields and capital appreciation prospects.
📞 Interested in this industrial complex for sale in Syokimau? Contact us today to discuss further details, request financial statements, or schedule a private viewing.
