Hotel Commercial Property for Rent in Upperhill, Nairobi
Upperhill has emerged as Nairobi's premier location for hospitality rentals, offering strategic positioning between major business districts and residential areas. The neighborhood features modern hotel properties with premium amenities tailored for accommodation businesses.
Hospitality Rental Market Overview
The Upperhill hotel rental market shows consistent demand from both international chains and local operators. Average occupancy rates exceed 75% year-round due to the area's concentration of corporate offices and diplomatic missions.
Available Hotel Properties
| Property Type | Monthly Rent Range | Size Range | Typical Lease Terms |
|---|---|---|---|
| Boutique Hotel | Ksh 800,000 - Ksh 2,500,000 | 20-50 rooms | 3-5 years |
| Serviced Apartments | Ksh 500,000 - Ksh 1,800,000 | 15-40 units | 2-5 years |
| Full-Service Hotel | Ksh 1,500,000 - Ksh 3,000,000+ | 50-150 rooms | 5+ years |
Key Features of Upperhill Hotel Rentals
- 24/7 security with CCTV surveillance
- Dedicated parking spaces (1 per 4 rooms minimum)
- Backup power generators and water storage
- High-speed fiber internet connectivity
- Proximity to corporate offices and government buildings
- Flexible lease terms with renewal options
Tenant Considerations
The standard lease agreement requires a security deposit equivalent to three months' rent plus one month's rent in advance. Most properties allow tenant improvements subject to landlord approval. Utility costs are typically separate from the base rent.