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***REQUEST FOR A DIRECT JV PARTNER*** **
Executive Summary
This project profile outlines an exciting opportunity for joint venture (JV) partnership in the commercial development of a strategically located land at Mobolaji Bank Anthony Way, Ikeja, Lagos. The proposed development will cater to the bustling trade in one of Lagos's most lucrative business districts. The project aims to leverage the high foot traffic, commercial existence and infrastructure of the area to create a fantastically thriving business environment.
Project Overview
Project Type: Commercial Development)
Location: Mobolaji Bank Anthony Way, Ikeja,
Lagos.
Land Size: 600 sqm
Land Value: ₦550 million
Premium: N50 million
Facilitators: 10%- (The Build Centre Properties Ltd)
Solicitors: Sunny Ogoh & Associates
Development Structure
- Commercial Structure
Market Analysis
Location Advantage
Mobolaji Bank Anthony Way is renowned for its vibrant market, particularly in the commercial, automotive parts and I.T.sector, making it an ideal location for retail businesses. The area experiences significant foot traffic, which is crucial for retail success. The proximity to major roads and transportation hubs further enhances accessibility for both customers and suppliers.
Target Market
The target market for this sector are
- Wholesalers & Retailers
- Service providers
- General consumers
Sharing Formula: 50/50
The proposed sharing formula for the joint venture partnership is 50/50. This equitable distribution reflects the collaborative nature of the project and the shared risks and rewards associated with commercial development.
Summary:
The proposed commercial development at Mobolaji Bank Anthony Way, Ikeja, presents a unique opportunity for a joint venture partnership. With its prime location, robust market demand, and a solid development plan, this location promises significant returns on investment.
We invite potential partners to consider this lucrative opportunity and join us in bringing this vision to fruition.
For further discussions and inquiries, please contact:
The Build Centre Properties Ltd
Solicitors; Sunny Ogoh & Associates
We look forward to the possibility of collaborating on this exciting venture.
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Property Ref: 2952037 | Last Updated: 11 Jul 2025 | Market Status: Available |
Type: Plaza / Complex / Mall | Total Area: 600 sqm |
Surprisingly, Ikeja GRA was designed for residential life but has since become very commercialised. A lot of the "old monies" of Lagos’ mainland still live in Ikeja GRA, and yes, they still golf at the Ikeja Golf club. Lagos has many government buildings and offices. Many government executives picked Ikeja GRA because of its convenient commute. Ikeja GRA is one of Lagos's safest areas due to the government's presence.
Ikeja GRA has all the amenities its inhabitants need, so they never have to leave their comfort zone. Marriott, Radisson Blu, and BON Hotel Ikeja are nearby hotels. Prince Ebeano supermarket and pharmacy has all your normal and hard-to-find groceries.
Ikeja GRA has a lot of beautiful and well-constructed estates with great ambience and value for every dime spent to either rent or buy a house in the area. Some of the popular estates in Ikeja GRA include Orchid court, Millennium estate, Integrity Estate, Lonens Gardens, Greenlife Estate, Grapevine Estate, and Peace Court, amongst others.
Ikeja GRA is an area always bustling with activities at any time of the day. One does not have to travel far to the Island to unwind as they are all available in Ikeja GRA. Ikeja GRA has places like Ocean basket, Jevinik Place, La Mango Restaurant and Lounge, The Place, Metro Park, and The Orchid Bistro.
Nightlife in Ikeja GRA comes alive with top nightclubs like Rumors Night Club, Cubana Night Club, The Crescendo Lounge and Bar, Pose 24/7 Club, Sandra’s bar, and The Cave nightclub among others
Education is a set of activities that are meant to help people reach certain goals, like passing on knowledge, skills, and character traits. In a bid to achieve these goals for the residents of Ikeja GRA, a lot of schools, government and private, including missionary and Islamic-inspired schools, were established within Ikeja GRA so residents wouldn't have to cross Ikeja GRA to be schooled. These schools have international recognition and operate at high standards.
Read the full area guide for Ikeja GRA, Ikeja, Lagos.
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