Tenanted Warehouses For Sale In Athi River

Property Description

An opportunity to invest in already tenanted warehouses located approx 10 minutes away from the Athi River interchange. Athi River will become far more accessible and property prices in the area will most likely go up after the currently being constructed Nairobi Express Way is complete.

Available Units:

• Warehouse Nos. 1, 2, 3 & 7 each measuring 6,000 sqft and currently tenanted @ KES 120,000 + 15,000 service charge + vat
• Interconnected Warehouses Nos. 8, 9, & 10 each measuring 10,000 sqft and currently tenanted @ KES 200,000 + 25,000 service charge + vat
• Interconnected Warehouses Nos. 11 & 12 each measuring 10,000 sqft and currently tenanted @ KES 200,000 + 25,000 service charge + vat (tenant willing to sign a 5 or 10 year lease with annual or biannual escalation)

Price:

• 6,000 sqft @ KES 19.2 million + vat
• Interconnected units 8,9 & 10 (10,000 sqft each) @ KES 32 million + vat per warehouse
• Interconnected units 11 & 12 (10,000 sqft each) @ KES 32 million + vat per warehouse

Floor Plan:

• Click here to view
• Mezzanine floors for units 8-12 are larger than what’s shown on the above plan.

More Details:

• 18m wide driveway
• 9-8m height
• Constructed in 2017
• Sewage treatment plant
• 1 tonne load-bearing capacity on the mezzanine
• Units 8,9 and 10 have living quarters for supervisory staff
• Title renewed from 2019 for 50 years
• Backup power for common areas
• Overhead large capacity water tank + individual water tanks in warehouses