Grade A Office Building For Sale in Upperhill, Nairobi

The development comprises three interlinked buildings with a total lettable area of 106,228 sq. ft (9,560 sq. m), including a 15-storey Office Tower, a 7-storey Parking Silo, and a fully renovated 5-storey Annex Block. Sitting on 1.5 acres with a 99-year leasehold title and 63 years remaining, the asset is well-positioned to deliver long-term value for institutional investors and high-net-worth individuals alike.

The Investment Case

The property currently generates a gross annual rental income of circa KES 150 million, with an occupancy rate of 94% and an average lease term remaining of 3.78 years. A single vacancy of 6,100 sq. ft represents an immediate opportunity for the incoming owner to grow the income further.

Upperhill is home to Kenya’s leading banks, international organisations, embassies, and corporate headquarters. Demand for quality office space in this corridor remains consistently strong, making this an acquisition with both stability and growth potential.

Building Highlights

• Grade “A” office development across three interlinked buildings
• 106,228 sq. ft total lettable area
• 94% occupancy with a strong, diversified tenant profile
• Circa KES 150 million gross annual rental income
• 99-year leasehold title with 63 years remaining
• 1.5 acres in Upperhill, Nairobi’s premier commercial district
• 238 parking bays with a dedicated VIP drop-off zone
• 500 KVA backup generator and private on-site transformer
• 70,000 cubic metre water storage with rainwater harvesting
• KONE-maintained lifts and G4S-managed 24-hour security
• Ground-floor restaurant and upper-floor outdoor event terrace
• Dual road access with excellent connectivity to Nairobi’s road network