CBD (Historic)'s tenant base is anchored by government, trade, banking, professional services.

  • Tier: prime.
  • Tenant character: Government and trade core.
  • Average rent: KSh900/sqm/mo · ≈ $7.83 PSF/yr USD.

CBD (Historic), Nairobi tenant profile

CBD (Historic)'s tenant base is anchored by government, trade, banking, professional services.

TL;DR

  • Tier: prime.
  • Tenant character: Government and trade core.
  • Average rent: KSh900/sqm/mo · ≈ $7.83 PSF/yr USD.

Who clusters here

Government, trade, banking, professional services.

What that means for newcomers

Newcomers to CBD (Historic) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

cityNairobi
submarketCBD (Historic)
tierprime
averageRentLocalKSh900/sqm/mo · ≈ $7.83 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct21.4%

Frequently asked questions

What kind of tenants lease in CBD (Historic)?
Government, trade, banking, professional services.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics