Nakuru's commercial property market offers excellent opportunities for retailers seeking mall space in high-traffic shopping centers. The city's growing middle class and tourism industry make it an attractive location for various retail businesses.
The retail sector in Nakuru has shown consistent growth, with new shopping malls emerging to meet consumer demand. Popular areas include the CBD along Kenyatta Avenue and Moi Avenue, as well as emerging suburban locations like Section 58 and Ngata.
| Space Type | Size Range (sq ft) | Monthly Rent Range | Service Charge |
|---|---|---|---|
| Kiosk/Stand | 50-100 | Ksh 15,000 - Ksh 40,000 | Ksh 2,000 - Ksh 5,000 |
| Standard Shop | 200-500 | Ksh 50,000 - Ksh 150,000 | Ksh 7,000 - Ksh 15,000 |
| Anchor Tenant Space | 1,000+ | Ksh 200,000 - Ksh 500,000 | Ksh 20,000 - Ksh 50,000 |
Standard lease terms for mall spaces in Nakuru typically range from 1-5 years with renewal options. Tenants should expect: