Shopping Mall for Sale in Magarini, Kilifi

Prime Retail Investment Opportunity in Coastal Kenya

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KES 40,000,000

7500sqft Godown for Sale

Sabaki, Magarini, Kilifi

697.00 sqm
Parking Borehole Parking

Discover exceptional shopping mall investment opportunities in Magarini, Kilifi County. This thriving coastal region offers prime retail spaces with high foot traffic and growing commercial demand. Our available retail complexes feature modern amenities, strategic locations, and strong rental income potential ranging from Ksh X to Y million annually.

Shopping Mall for Sale in Magarini, Kilifi

Magarini presents a unique opportunity for investors seeking commercial property in Kenya's coastal region. The area's growing tourism industry and local population create strong demand for retail spaces.

Retail Market Overview

The commercial property market in Magarini has shown consistent growth, with shopping malls achieving occupancy rates of 75-90%. Average rental yields range from 8-12% annually, making this an attractive investment destination.

Property Features

Feature Details
Total Area 5,000-15,000 sq ft
Price Range Ksh 50 million to Ksh 200 million
Units Available 20-50 retail spaces per complex
Parking Capacity 50-150 vehicles
Power Supply 3-phase electricity available

Location Advantages

  • Strategic position along the Malindi-Kilifi highway
  • High visibility from main roads
  • Proximity to residential estates and tourist attractions
  • Adequate parking and loading facilities
  • 24/7 security with CCTV surveillance

Investment Potential

Shopping malls in Magarini offer excellent capital appreciation potential, with property values increasing by an average of 10-15% annually. Current rental rates range from Ksh 150-400 per square foot depending on location within the complex.

Frequently Asked Questions

Well-managed retail complexes in Magarini typically yield 8-12% annual ROI through rental income, with additional capital appreciation of 10-15% per year.
Most established malls have supermarket chains or banking institutions as anchor tenants, providing stable rental income and attracting customer footfall.
You'll need a single business permit from Kilifi County government, public health certificate, and fire safety clearance. We can connect you with local consultants to facilitate this process.
Yes, some developments offer strata titles allowing purchase of individual units starting from Ksh 5 million, while others sell the entire complex as one investment.
Prime locations experience daily foot traffic of 1,000-3,000 visitors, peaking during weekends and tourist seasons (June-August and December-January).