Property Overview
Secure commercial office space at Pavilion, Spring Valley, an ideal location for businesses seeking a professional working environment in Nairobi. The premises are suitable for companies looking for office accommodation within an established commercial area, with convenient access to surrounding business districts and major road networks.
The office spaces offer an opportunity for businesses to establish or expand their operations in a professional setting. The property is suitable for corporate offices, consultancy firms, law firms, financial services, NGOs and other businesses requiring dedicated workspace.
The rental rate is KES 120 per square foot per month, with an additional service charge of KES 25 per square foot per month. Parking is available at KES 10,000 per space per month. Tenants should plan for a minimum lease term of six years, with an annual rent increment of 8%. Rent and deposit are payable quarterly.
Key Features
The property offers commercial office accommodation with a rental rate of KES 120 per sqft per month, a service charge of KES 25 per sqft per month, and parking charged separately at KES 10,000 per space per month. The lease requires a minimum commitment of six years, with rent increasing annually by 8%. Rent and deposit are payable quarterly.
Ideal Businesses
The office spaces are suitable for corporate headquarters, law firms, consultancy companies, NGOs, financial and professional service providers, technology companies and other organisations seeking long-term commercial premises.
Lease Terms and Charges
The minimum lease period is six years, with an annual rental increment of 8%. Rent and the security deposit are payable quarterly. The monthly rental rate is KES 120 per square foot, plus a service charge of KES 25 per square foot. Parking is charged separately at KES 10,000 per space per month.
Rent: KES 120 per sqft per month
Service Charge: KES 25 per sqft per month
Parking: KES 10,000 per parking space per month
Lease Term: Minimum 6 years
Annual Rent Increment: 8%
Payment Terms: Rent and deposit payable quarterly