Open Space Commercial Property for Sale in Westlands, Nairobi
Westlands is Nairobi's premier commercial hub, offering exceptional open space properties perfect for modern offices, coworking spaces, and retail setups. These flexible workspaces cater to businesses seeking customizable layouts in a high-traffic business district.
Westlands Open Space Market Overview
The open space property market in Westlands has seen consistent 8-12% annual appreciation, with rental yields averaging 9-11%. Current prices range from Ksh 15,000 to Ksh 35,000 per square foot depending on building quality and exact location.
Available Open Space Properties
| Property Type | Size Range (sq ft) | Price Range | Key Features |
|---|---|---|---|
| Open Plan Office | 1,500 - 5,000 | Ksh 22M - Ksh 175M | Column-free spaces, fiber internet |
| Flexible Workspace | 800 - 3,000 | Ksh 12M - Ksh 105M | Shared amenities, meeting rooms |
| Retail Open Space | 500 - 2,500 | Ksh 7.5M - Ksh 87.5M | Street frontage, high visibility |
Location Advantages
- Prime Positioning: Near UN offices, embassies, and corporate HQs
- Excellent Accessibility: Waiyaki Way and Peponi Road connections
- High Foot Traffic: Proximity to Sarit Centre and Westgate Mall
- Amenities: Ample parking (1 space per 300 sq ft average)
- Infrastructure: Reliable 3-phase power and fiber optic connectivity
Investment Potential
Open space properties in Westlands command premium rents of Ksh 120-250 per sq ft monthly. With occupancy rates above 85%, investors can expect:
- Rental Yields: 8-11% annually for office spaces
- Capital Appreciation: Consistent 10%+ yearly growth
- Tenant Quality: Multinationals, tech firms, professional services