Commercial Property for Rent in Riverside Drive, Lavington
Riverside Drive stands as one of Nairobi's most prestigious commercial addresses, offering premium rental spaces for discerning businesses seeking an upscale location in Lavington. This tree-lined avenue features a mix of modern office complexes and converted residential properties that have been transformed into sophisticated commercial spaces, attracting professional services, boutique retailers, and corporate offices.
About Riverside Drive Commercial Rentals
Riverside Drive has evolved into a prime commercial corridor while maintaining its exclusive residential character. The area is known for its well-maintained properties, security, and proximity to diplomatic missions and upscale residential neighborhoods. Commercial properties here typically feature generous parking facilities, modern architectural designs, and professional management services that cater to high-end business tenants seeking prestige and convenience.
Available Spaces for Rent
Current commercial vacancies along Riverside Drive include:
- Professional office suites ranging from 500 to 2,000 sq ft
- Ground-floor retail spaces suitable for luxury boutiques and specialty stores
- Standalone commercial buildings with private compounds
- Medical suites for dental practices and specialist clinics
- Executive office spaces with dedicated meeting rooms and reception areas
Rental rates typically range from Ksh 150 to Ksh 400 per square foot per month, with most properties requiring a minimum lease term of 2-3 years.
Rental Terms and Conditions
Lease agreements in Riverside Drive generally include:
- Security deposit equivalent to 2-3 months' rent
- Monthly service charges ranging from Ksh 2,000 to Ksh 10,000 for common area maintenance
- Parking allocation of 1-4 spaces depending on unit size
- Standard lease duration of 2-5 years with renewal options
- Rent exclusive of VAT and utility connections
Most properties include 24-hour security, backup generator power, fiber internet connectivity, and regular maintenance services. Tenants are typically responsible for interior fit-outs and utility consumption costs.
| Property Type | Size Range | Monthly Rent Range | Service Charge |
|---|---|---|---|
| Office Suite | 500-800 sq ft | Ksh 30,000 - Ksh 60,000 | Ksh 2,000 - Ksh 5,000 |
| Retail Space | 300-600 sq ft | Ksh 45,000 - Ksh 90,000 | Ksh 3,000 - Ksh 6,000 |
| Professional Office | 800-1,200 sq ft | Ksh 70,000 - Ksh 120,000 | Ksh 4,000 - Ksh 8,000 |
| Medical Suite | 600-1,000 sq ft | Ksh 55,000 - Ksh 100,000 | Ksh 3,500 - Ksh 7,000 |