Parking Lot for Sale in Dagoretti Corner, Nairobi
Invest in a high-demand parking lot located in the bustling commercial hub of Dagoretti Corner, Nairobi. This prime property offers excellent opportunities for vehicle storage or paid parking services, catering to the growing need for secure parking spaces in the area.
About Dagoretti Corner Commercial Area
Dagoretti Corner is a thriving commercial zone with high foot traffic, making it an ideal location for parking lot investments. The area is home to numerous businesses, retail outlets, and offices, ensuring consistent demand for parking spaces.
Property Features
- Size: Approximately 1,000 square meters
- Capacity: Accommodates up to 50 vehicles
- Security: 24/7 surveillance and gated access
- Accessibility: Easy access to major roads and public transport
- Title Deed: Freehold status available
Investment Potential
The parking lot presents a lucrative investment opportunity with an estimated annual rental income of Ksh 2.4 million to Ksh 3.6 million, depending on occupancy rates. The property is priced competitively at Ksh 25 million to Ksh 35 million, offering strong ROI potential.
Location Advantages
- Proximity to major businesses and retail centers
- High visibility and foot traffic
- Secure and well-maintained premises
- Potential for expansion or additional services
Pricing and Terms
| Property Type | Price Range (Ksh) | ROI Potential (%) |
|---|---|---|
| Parking Lot | 25M - 35M | 8% - 12% annually |