COMMERCIAL BUILDING FOR SALE IN MOI AVENUE Description *Key Details:* - *Location*: Nairobi CBD, Moi Avenue - *Monthly Income*: KES 10 million - *Annual Income*: KES 120 million - *Annual Rent Increment*: 5% *Potential Investment Analysis:* To determine if this is a good investment, we can calculate the gross yield: Gross Yield = Annual Rental Income / Property Value = KES 120,000,000 / KES 1,500,000,000 = 0.08 or 8% This yield seems reasonable for a commercial property in Nairobi CBD. *Comparable Properties:* Some notable buildings in the area include ¹ ² ³: - *Pioneer Moi Avenue*: A commercial building with office spaces and shops, housing companies like Tuskys Supermarket and Pioneer Assurance Company Ltd. - *Stanbank House*: A high-profile building with offices and amenities like lifts, 24-hour security, and ample parking, rented at KES 60 per square foot per month. - *Iconic Business Plaza*: A storey building with computer