9
KES 8,500,000
Co-working Spaces For Sale Lavington
Lavington, Nairobi
200.00 sqm
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Retail Space for Sale in Nairobi
Prime Retail Properties in High-Traffic Locations
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5
KES 450,000,000
Commercial Building for Sale in Nairobi CBD
Nairobi Central, Nairobi
930.00 sqm
Parking
Elevator
Parking
7
KES 8,788,000
676 SQF Office for Sale in Westlands Near GTC ( Per Sqf)
Westlands, Nairobi
67.00 sqm
Parking
Elevator
Backup Power
7
KES 9,906,000
762 SQF Office for Sale in Westlands Near GTC ( Per Sqf)
Westlands, Nairobi
71.00 sqm
Parking
Elevator
Backup Power
16
KES 295,000
Boutique on Sale,Prime Location
Zimmerman, Nairobi
250.00 sqm
Parking
Storage Space
Retail Shops
10
KES 410,000
Wines and Spirits Shop on Sale
Zimmerman, Nairobi
250.00 sqm
Storage Space
Retail Shops
8
KES 40,000,000
Apartment on Sale Tena Estate Nairobi County
Umoja, Nairobi
100.00 sqm
Parking
Parking
24/7 Security
6
KES 26,000,000
6,500 SQF Godown For Sale In Mlolongo - (Mombasa Road).
Mombasa Road, Nairobi
604.00 sqm
Parking
Parking
24/7 Security
5
KES 110,000,000
1 Acre Land for Sale in Karen
Karen, Nairobi
3,000.00 sqm
Parking
24/7 Security
Gated Community
10
KES 150,000
Shop on Sale
Zimmerman, Nairobi
250.00 sqm
Retail Shops
24/7 Security
6
KES 350,000,000
Office Block for Sale at Spring Valley
Spring Valley, Westlands, Nairobi
1,786.00 sqm
Parking
Parking
24/7 Security
4
KES 100,000,000
O.125acres Office Building Rent Income Pa Month 1m Westlands
Westlands, Nairobi
506.00 sqm
Parking
Retail Shops
Parking
5
KES 300,000,000
Nice to Have Commercial Office Plus Shops in CBD
Nairobi Central, Nairobi
4,000.00 sqm
Parking
Retail Shops
Parking
7
KES 200,000
Prime Shop for Sale With Shelves
Zimmerman, Nairobi
250.00 sqm
High Ceilings
24/7 Security
7
KES 2,600,000
Plain Plot on Sale Njiru Main Road
Njiru, Nairobi
100.00 sqm
Parking
Parking
24/7 Security
4
KES 85,000,000
Prime CBD Property
Nairobi Central, Nairobi
5,000.00 sqm
Parking
Parking
24/7 Security
5
KES 220,000,000
20000 SQFT for Sale Mombasa Rd
Mombasa Road, Nairobi
1,858.00 sqm
Parking
Parking
24/7 Security
6
KES 80,000,000
Godowns for Sale
Thome / Nairobi, Nairobi
557.00 sqm
Parking
Parking
24/7 Security
4
KES 32,000,000
2100sqft for Sale Kilimani
Kilimani, Nairobi
195.00 sqm
Parking
Parking
24/7 Security
5
KES 500,000,000
Prime Commercial Property
Nairobi Central, Nairobi
4,000.00 sqm
Parking
Parking
24/7 Security
6
KES 350,000
Executive Boutique on Sale, Zimmerman
Zimmerman, Nairobi
250.00 sqm
Parking
Parking
24/7 Security
7
KES 210,000
General Shop On Sale, Zimmerman
Zimmerman, Nairobi
250.00 sqm
Retail Shops
24/7 Security
15
KES 3,200,000
Prime Wines and Spirits Shop Wholesale and Retail
Ruaraka, Nairobi
250.00 sqm
13
KES 95,000,000
Commercial 1 Acre Near Kabansora Mills Kirinyaga Co
Embakasi, Nairobi
Parking
24/7 Security
At a glance
Nairobi offers exceptional retail space investment opportunities with high foot traffic locations across major commercial hubs. From standalone storefronts to shopping mall units, discover properties priced between Ksh 10 million to Ksh 200 million with rental yields of 8-12%. Prime areas include Westlands, Karen, and CBD with excellent visibility and customer accessibility.
Retail Space for Sale in Nairobi
Nairobi's retail property market continues to thrive with increasing demand from local and international retailers. The city offers diverse retail spaces including high-street storefronts, shopping mall units, and neighborhood retail outlets catering to different business needs.
Nairobi Retail Property Market Overview
The Nairobi retail sector shows steady growth with occupancy rates averaging 85% in prime areas. Recent developments include mixed-use complexes integrating retail with residential and office spaces. Average rental rates range from Ksh 250 to Ksh 1,500 per square foot depending on location and property quality.
Types of Retail Properties Available
| Property Type | Average Price Range | Popular Areas | ROI Potential |
|---|---|---|---|
| Shopping Mall Units | Ksh 15M - Ksh 200M | Westlands, Karen, Lavington | 8-10% annually |
| Street-Level Storefronts | Ksh 10M - Ksh 80M | CBD, Ngong Road, Thika Road | 10-12% annually |
| Neighborhood Retail Outlets | Ksh 8M - Ksh 50M | Kilimani, South B, Ruaka | 7-9% annually |
Prime Retail Locations in Nairobi
Key retail hubs include Westlands for premium brands, CBD for high foot traffic stores, and Karen for specialty boutiques. Emerging areas like Ruaka and Kitengela offer growth potential with lower entry prices.
Retail Property Features to Consider
- Visibility: Corner units command premium prices (15-20% higher)
- Parking: Minimum 1 space per 500 sq ft recommended
- Floor Plate: Standard retail units range from 500-5,000 sq ft
- Ceiling Height: Minimum 12 feet for modern retail spaces
Investment Benefits of Nairobi Retail Property
- Strong Demand: Growing middle class supports retail growth
- Diverse Tenant Base: From supermarkets to specialty stores
- Value Appreciation: Prime locations appreciate 10-15% annually
- Titled Ownership: Most properties have clean title deeds
Frequently Asked Questions
Prime retail properties in Nairobi typically yield between 8-12% annually, with high-street locations achieving the highest returns. Shopping mall units average slightly lower at 7-9% due to service charge deductions.
All retail businesses require a single business permit from Nairobi County (approximately Ksh 15,000-50,000 annually). Additional licenses may be needed for specific products like alcohol (Ksh 50,000-150,000) or pharmaceuticals.
Properties with dedicated parking spaces command premiums of up to 30%. The current market standard requires minimum one parking bay per 500 sq ft of retail space. Underground parking adds most value (15-20% price premium).
Standard commercial leases run for three years with annual rent escalations of 5-10%. Prime locations often require longer terms (5+ years) for anchor tenants. Most landlords prefer triple net leases where tenants pay all operating costs.
Emerging nodes like Ruaka (along Limuru Road), Kitengela, and Syokimau show strong growth potential with lower entry prices (Ksh 8M-Ksh 30M) compared to established areas. These locations benefit from new residential developments driving retail demand.