Practical 5000sqm Warehouse Space On Offer

Listing title
To Let --- 5,000 m² Warehouse --- Oregun (Off Billings Way) ₦45,000 / m² p.a. (net)

Overview
Large-format warehouse available for lease in Oregun, conveniently located off Billings Way. The 5,000 m² unit is well suited to distribution, logistics, light industrial, e‑commerce fulfilment or bulk storage. Competitive rental rate and immediate availability make this an attractive option for occupiers needing significant space in a well‑connected Lagos industrial node.

Property summary

- Location: Oregun --- off Billings Way, Lagos
- Size: 5,000 m² (single clear-span warehouse)
- Rent: ₦45,000 per m² per annum (net) --- equivalent to ₦225,000,000 p.a. (exclusive of utilities, insurance and any service charges)
- Lease term: Flexible, typical minimum of 3 years (terms negotiable)
- Availability: Immediate subject to lease agreement and tenant pre‑qualification

Key features

- Large clear internal floorplate suitable for pallet racking, bulk storage and light assembly operations
- Multiple ground‑level loading bays / roller shutter doors (confirm number & dimensions on inspection)
- Substantial external yard and truck circulation space for loading, container stacking and vehicle parking
- On‑site office/administration block and staff facilities (to be confirmed on inspection)
- Solid structural frame and roof; suitable for high racking systems (technical specs available on request)
- Estate security / controlled access and perimeter fencing (confirm compound arrangements)
- Utilities: mains power (tenant to confirm backup generator needs), water and telecoms connectivity

Suitable uses

- Third‑party logistics (3PL) and fulfilment centres
- Import/export distribution, wholesale and FMCG storage
- Light manufacturing, assembly or packaging operations
- Cold‑chain conversion subject to fit‑out and technical assessment

Indicative lease terms

- Rent: ₦45,000/m² p.a. (net) --- payable per agreed schedule (annual/quarterly).
- Lease length: Minimum 3 years preferred; longer terms available by agreement.
- Security deposit & advance: Standard security deposit and advance rent required (negotiable).
- Fit‑out: Tenant fit‑out permitted subject to landlord approval; responsibility for internal fit‑out costs usually borne by tenant.
- Maintenance & repairs: Tenant responsible for internal maintenance; structural/roof repairs typically landlord's responsibility --- full terms to be set out in lease.

Technical & pre‑lease checks (recommended)

- Confirm clear internal height, bay dimensions and floor loading capacity to ensure suitability for intended racking/storage.
- Verify number and size of loading doors and gate widths for articulated vehicle access.
- Review power capacity and plan for backup generator if required.
- Request measured floorplans, recent photos and any structural/MEP reports prior to inspection.

Viewings & application process

- Viewings by appointment only for pre‑qualified tenants. Please provide company RC, intended use and basic profile prior to site access.
- To request the technical pack (plans, photos, bay dimensions) or arrange a site inspection, contact the agent below.

Notes
All particulars are provided in good faith and are subject to verification. Rental, availability and lease conditions may change; final terms to be agreed in a formal lease.
Ref: Nnedu