Plaza / complex / mall for sale
Unique Landmark Commercial Property
Powerful property consult for sale: Unique Landmark Commercial Property, Festac Town a Rare Opportunity to Acquire a Large Shopping Complex on Approximately 2,867.55sqm in the Heart of Festac Powerful Property Consult presents an exceptional opportunity to acquire a substantial shopping complex sitting within a large compound on approximately 2,867.55 square metres of land, strategically located on 21 Road, Festac Town, Lagos. The combination of an existing commercial structure, substantial land area and a prominent Festac location makes this property particularly attractive to investors, retail operators, developers, corporate organisations and institutional buyers looking for a sizeable commercial asset in Lagos. The opportunity This is more than a shopping complex. It is a sizeable commercial property capable of supporting a range of investment strategies---whether retained and repositioned as a retail destination or considered for redevelopment, subject to applicable planning approvals. Property Highlights Location: 21 Road, Festac Town, Lagos Land Area: Approximately 2,867.55sqm Property Type: Shopping Complex ️ Large Compound: Offers valuable operational and development flexibility Investment Profile: Commercial / Retail / Redevelopment Opportunity Existing Shopping Complex Currently Occupied Asking: ₦2 Billion It is a large commercial real-estate asset offering an existing commercial footprint plus significant long-term investment and repositioning possibilities. Potentially suitable, subject to approvals and feasibility, for a modern retail centre, supermarket, corporate facility, healthcare complex, lifestyle destination or major commercial redevelopment. Potential uses Subject to the necessary approvals, the property could appeal to buyers considering: Modern neighbourhood shopping centre Supermarket or retail destination Banking/financial services hub Corporate or institutional facility Healthcare/diagnostic centre Restaurant and entertainment destination Showroom or lifestyle centre Mixed commercial redevelopment 21 Road, Festac Town Approx. 2,867.55sqm Existing Shopping Complex Currently Occupied Asking: ₦2 Billion It is a large commercial real-estate asset offering an existing commercial footprint plus significant long-term investment and repositioning possibilities. Potentially suitable, subject to approvals and feasibility, for a modern retail centre, supermarket, corporate facility, healthcare complex, lifestyle destination or major commercial redevelopment. WHY this property deserves attention The scale: At approximately 2,867.55sqm, the property gives an investor room to think beyond the existing development. The location: 21 Road provides a strong Festac Town address within an established residential and commercial community. The flexibility: An incoming investor is not restricted to one commercial concept; the asset potentially lends itself to repositioning for several uses. The land component: For sophisticated investors, the underlying land and redevelopment possibilities can be just as important as the existing shopping complex. 5% Agency Fee Applicable Qualified buyers are invited for further information and private inspection. Powerful Property Consult Premium Properties - Strategic Investments - Trusted Advisory
