A4ARCHITECT SHOPPING COMPLEX BUSINESS PLAN
Project: Shopping Complex along Waiyaki Way
Location: Sigona, opposite Sigona Golf course.
- Petrol station. 300m2
- Fast food eateries.100m2
- Supermarket. 1000m2
- General shops. 600m2
Land Size. 1 acre.
Built up area. 2000m2.
Project construction cost.KES 80,000,000.
Land. Kes 40,000,000.
20% of Construction cost =kes 16,000,000
Bank loan financing required . KES 64,000,000.00
Expected rental sales revenue. KES 100 per sq. foot for 20,000 sq ft=kes 2 million per month.
Expected Return on Investment. 3.3 years.
Use of anchor tenancy to attract solid rental revenues is envisaged. Supermarket brands such as Tuskys and Naivas will be approached to set up shop at the complex, thereby attracting other solid tenants such as Bata, Aga Khan Hospital , Debonairs pizza, Pizza Inn and other tenants who will benefit from the high traffic attracted by the anchor tenant.
Use of a unique design that captures the eye will also attract good flow of human traffic, especially travellers along the busy highway.
Francis Gichuhi Kamau B.Arch. U.o.N M.A.A.K[A] Registered Architect
+254 721 410684