Open Space Commercial Property for Sale in Milimani, Upperhill
Milimani in Upperhill represents the pinnacle of Nairobi's commercial real estate market, offering premium open space properties that cater to discerning investors and corporate tenants. This prestigious location provides exceptional flexible workspace solutions with high returns on investment and strategic positioning in the heart of Nairobi's financial district.
About Milimani Commercial Area
Milimani stands as one of Upperhill's most sought-after commercial neighborhoods, characterized by modern high-rise buildings, multinational corporations, and premium amenities. The area offers excellent accessibility to Ngong Road, Valley Road, and direct connections to the Nairobi Central Business District. With proximity to embassies, five-star hotels, and financial institutions, Milimani provides an ideal environment for businesses seeking prestige and convenience.
Available Open Space Properties
Current open space offerings in Milimani range from 500 to 5,000 square feet, featuring modern finishes, flexible layouts, and premium building amenities. Properties typically include 24/7 security, backup generators, high-speed internet connectivity, and ample parking facilities. Many buildings offer shared conference facilities, reception services, and business support services tailored for corporate tenants.
| Property Type | Size Range | Price Range | Rental Yield |
|---|---|---|---|
| Open Plan Office | 500-2,000 sq ft | Ksh 25M-80M | 8-10% annually |
| Flexible Workspace | 1,000-3,000 sq ft | Ksh 45M-120M | 9-11% annually |
| Premium Open Space | 2,000-5,000 sq ft | Ksh 80M-150M | 10-12% annually |
Investment Advantages
- Prime location in Nairobi's fastest-growing business district
- High rental demand from multinational corporations and professional firms
- Excellent capital appreciation potential of 10-15% annually
- Modern infrastructure with reliable power and internet connectivity
- Proximity to diplomatic missions and luxury residential areas
Technical Specifications
Commercial properties in Milimani typically feature 3-phase power supply, fiber optic internet connectivity, central air conditioning systems, and advanced security systems including CCTV surveillance and access control. Most buildings offer parking ratios of 1:100 sq ft and loading bay facilities for commercial operations. Title deeds are predominantly freehold with some leasehold options available.
Market Outlook 2026
The Milimani commercial property market continues to show strong growth with increasing demand from international companies and local enterprises. Rental rates range from Ksh 120-180 per square foot monthly, with occupancy rates exceeding 85% in premium buildings. The ongoing infrastructure developments in Upperhill continue to enhance property values and investment returns.