Mixed-use land for rent
Prime 1940SQM Land
A prime 1,940sqm commercial land is available to let in a highly strategic and high-visibility located in Lekki Phase 1. Positioned along one of the busiest and most commercially active corridors in the Lekki axis, this property offers exceptional visibility and accessibility, making it particularly attractive for businesses that depend on high traffic, strong brand exposure, and convenient customer access. The prominent expressway-facing position provides an excellent platform for businesses looking to establish a major commercial presence in one of Lagos' rapidly developing and highly sought-after areas. Property Features Land Size: 1,940sqm Location: Lekki Phase 1 Position: Lekki Expressway Title: Governor's Consent Prime expressway frontage Excellent visibility High-traffic location Easy accessibility Suitable for major commercial operations Large development footprint Ideal for businesses requiring prominent frontage Suitable For The property is particularly suitable for: Church Restaurant Car Lot / Auto Dealership Filling Station Event Centre Gym / Fitness Centre Other high-traffic commercial ventures The combination of a large 1,940sqm land area and direct expressway frontage provides substantial flexibility for creating a landmark commercial facility with excellent customer visibility and accessibility. Lease Terms Annual Rent: ₦125,000,000 Asking Agency Fee: 10% of gross lease value Legal Fee: 10% of gross lease value Lease Structure: 3 Years Upfront Payment 10-Year Lease Acceptable Investment & Commercial Advantage For businesses seeking a location that offers maximum exposure and accessibility, this property presents a compelling opportunity. Its position directly opposite a prominent commercial destination gives prospective tenants the advantage of strong visibility, while the sizeable land area allows for adequate parking, customer circulation, branding, and development of purpose-built facilities. The location is particularly well suited to businesses that benefit from passing traffic and prominent roadside exposure, making it an attractive option for both established brands and investors seeking a strategic commercial location along the Lekki corridor. Price ₦125 Million Per Annum --- Asking 3 years upfront payment and a 10-year lease are acceptable.
