Overview
- Updated On:
- July 28, 2026
Description
1st Parklands Avenue, Nairobi
Asking Price: KSh 300 Million
Acquire a premium income-generating commercial asset in one of Nairobi’s most established and high-demand commercial locations. Strategically positioned along 1st Parklands Avenue, just moments from MP Shah Hospital and The Avenue Hospital, this brand-new mini mall offers an exceptional investment opportunity with modern infrastructure, excellent accessibility, and strong long-term income potential.
Designed to international standards, the development combines contemporary architecture, flexible commercial spaces, and premium amenities, making it an ideal acquisition for investors, property funds, institutions, and high-net-worth individuals seeking a quality commercial asset in a prime location.
Property Overview
- Location: 1st Parklands Avenue, Nairobi
- Asking Price: KSh 300 Million
- Land Size: 0.25 Acres
- Total Built-up Area: Approximately 30,000 sq.ft
- Commercial Units: 13 lettable units
- Net Lettable Area: 12,104 sq.ft (Carpet Area)
- Title: Converted under Ardhisasa
- Lease Term: 41 years from 2025
Building Features
- Brand-new commercial development
- Contemporary architectural design
- 13 premium retail and office units
- Spacious terraces
- Basement parking
- Guard house
- Dedicated garbage collection room
- CCTV and Internet control room
- Storage facilities
- Professionally designed common areas
Premium Amenities
- FUJI passenger lift serving Basement, Mezzanine, Ground and First Floors
- 90 KVA backup generator supporting lifts and common area lighting
- CCTV surveillance throughout the development
- Secure controlled access
- Basement and surface parking for approximately 35 vehicles
- Modern building infrastructure
- Excellent accessibility and visibility
Investment Highlights
- Brand-new commercial asset requiring minimal capital expenditure
- Prime Parklands location with high commercial demand
- Close proximity to major hospitals, educational institutions, banks, restaurants, and residential neighbourhoods
- Strong rental demand from retail and professional office tenants
- Excellent long-term capital appreciation potential
- High-quality construction with premium building services
- Ready for immediate leasing and income generation
Prime Location
Situated in the heart of Parklands, one of Nairobi’s most vibrant commercial and residential districts, the property enjoys immediate access to:
- MP Shah Hospital
- The Avenue Hospital
- Aga Khan University Hospital
- Westlands CBD
- Nairobi CBD
- Diamond Plaza
- Educational institutions
- Banking facilities
- Restaurants, cafés, and retail centres
- Major public transport routes
Its strategic location ensures consistent tenant demand and excellent accessibility for both businesses and customers.
An Exceptional Commercial Investment
Whether you’re looking to expand your commercial real estate portfolio or acquire a high-quality income-producing asset, this development presents a rare opportunity to invest in a modern commercial building within one of Nairobi’s most established business corridors.
With its prime location, quality construction, ample parking, and strong leasing potential, this property is perfectly positioned to deliver sustainable rental income and long-term capital growth.
