Commercial Building for Rent in Milimani, Upperhill
Milimani in Upperhill is one of Nairobi's most sought-after locations for commercial property rentals, offering modern office buildings and business complexes in a prime business district. The area boasts excellent infrastructure, security, and proximity to major corporate headquarters.
About Milimani Commercial Rentals
Milimani's commercial properties feature:
- Grade A and B office buildings
- 24/7 security with CCTV surveillance
- Dedicated parking spaces (1 per 50 sqm)
- High-speed fiber internet connectivity
- Backup power generators
- Proximity to hotels and restaurants
Available Commercial Buildings for Rent
| Property Type | Size Range | Monthly Rent Range | Service Charge |
|---|---|---|---|
| Office Block (Floor) | 200-500 sqm | Ksh 150,000 - Ksh 400,000 | Ksh 50-80/sqm |
| Business Complex (Unit) | 50-200 sqm | Ksh 80,000 - Ksh 250,000 | Ksh 40-60/sqm |
| Whole Building | 1,000-3,000 sqm | Ksh 800,000 - Ksh 2.5M | Ksh 60-100/sqm |
Leasing Terms and Conditions
Standard commercial lease terms in Milimani include:
- Lease Duration: Typically 2-5 years with renewal options
- Security Deposit: Equivalent to 2-3 months' rent
- Rent Payment: Monthly in advance (exclusive of VAT)
- Fit-Out Period: Usually 1-2 months rent-free for tenant improvements
- Rent Review: Annual increase of 5-10% or market rate adjustment
Tenant Benefits in Milimani
- Strategic Location: Walking distance to major banks and corporate offices
- Transport Links: Easy access to Waiyaki Way and Ngong Road
- Amenities: Nearby restaurants, gyms, and shopping centers
- Prestigious Address: Enhances corporate image for tenants