Headline Class A rent in Nairobi is around 1300 KES/sqft/yr ($10 USD), with 6 months of typical rent-free on a 5-year term.
Headline Class A rent in Nairobi is around 1300 KES/sqft/yr ($10 USD), with 6 months of typical rent-free on a 5-year term.
Asking rents in Nairobi are quoted in KES per sqft per year. Across the broad Class A index the figure is 1300, but the trophy tier in Westlands reaches roughly KSh1,500/sqm/mo · ≈ $13 PSF/yr USD. Always discount headline rent by the present value of free rent and fit-out-capex">tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.
Standard Nairobi concessions on a 5-year Class A lease run to 6 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — 30% Kenyan corporate income tax. EPZ (Export Processing Zone) and SEZ incentives available. Significant withholding taxes on cross-border payments.
Westlands sits at the top end (~KSh1,500/sqm/mo · ≈ $13 PSF/yr USD). Gigiri (UN Corridor) clears around KSh1,100/sqm/mo · ≈ $9.57 PSF/yr USD as the prime tier. Mombasa Road & JKIA Corridor represents the value end at ~KSh700/sqm/mo · ≈ $6.09 PSF/yr USD. The full submarket map is on the Nairobi city page.
| city | Nairobi |
|---|---|
| country | Kenya |
| region | EMEA |
| classARentLocal | 1300 KES/sqft/yr |
| classARentUsd | $10/sqft/yr |
| vacancy | 21.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 9.8% |
| trophyRent | KSh1,500/sqm/mo · ≈ $13 PSF/yr USD |
| primeRent | KSh1,100/sqm/mo · ≈ $9.57 PSF/yr USD |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.