Mall for Sale in Westlands, Nairobi
Westlands has established itself as Nairobi's premier commercial and retail hub, making it an ideal location for mall investments. The area boasts high-end shopping centers, multinational retailers, and a steady flow of affluent customers.
Westlands Retail Market Overview
The Westlands commercial property market continues to show strong growth, with mall occupancy rates averaging 85-95%. Rental rates range from Ksh 250 to Ksh 800 per square foot monthly, depending on location within the mall and floor level.
Available Mall Properties
| Property | Size (sq ft) | Price Range | Occupancy Rate |
|---|---|---|---|
| Two Rivers Mall Annex | 50,000 | Ksh 750M - Ksh 1B | 92% |
| Westgate Shopping Center Units | 5,000-20,000 | Ksh 200M - Ksh 500M | 88% |
| Sarit Centre Expansion Space | 30,000 | Ksh 600M - Ksh 850M | 95% |
Investment Benefits
- Premium Location: Situated along Waiyaki Way with excellent visibility and accessibility
- High Foot Traffic: Over 50,000 daily visitors to major malls
- Diverse Tenant Mix: International brands, local retailers, and F&B outlets
- Strong Rental Growth: Average annual rental increases of 5-8%
- Secure Environment: Gated complexes with 24/7 security surveillance
Technical Specifications
Modern malls in Westlands typically feature:
- Adequate parking (1 space per 50 sq ft of retail space)
- 3-phase power supply with backup generators
- Central air conditioning systems
- Fire suppression systems and emergency exits
- High-speed internet connectivity throughout