Build Operate And Transfer Project Available
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Property Description
BUILD, OPERATE & TRANSFER (BOT) DEVELOPMENT OPPORTUNITY
Location
Tejuosho, Yaba, Lagos
Development Proposal
A Build, Operate & Transfer (BOT) opportunity for the development of a modern commercial building on a full plot of land in the highly commercial Tejuosho/Yaba axis.
Proposed Development
- Ground Floor + Three Upper Floors (4 Floors Total)
- Commercial Building suitable for:
- Retail Shops
- Warehouses
- Office Spaces
- Mixed-Use Commercial Development
Land Size
- Full Plot of Land
Development Structure
The developer shall finance, design, construct, and operate the property under a BOT arrangement.
Landowner's Requirement
- Family requires one (1) full floor of the completed development.
- Remaining floors to be retained and operated by the developer during the BOT term.
Commercial Terms
- Premium: ₦20,000,000
- Lease Term: 20 Years
- Sharing Ratio: Family to receive one (1) full floor of the completed building.
- Facilitator Fee: To Be Determined (TBD)
Additional Considerations
- Detailed architectural drawings and specifications to be agreed upon by both parties.
- Developer responsible for all development approvals and construction costs.
- Title verification and due diligence to be conducted before execution of agreements.
- Final terms subject to a formal BOT Development Agreement.
Investment Highlights
- Prime commercial location in Tejuosho, Yaba.
- Strong demand for retail, warehouse, and office space.
- Excellent accessibility and proximity to major commercial hubs.
- Long-term income-generating opportunity for both landowner and developer.
Property Details
| Property Ref: 3536699 | Last Updated: 21 Jun 2026 | Market Status: Available |
| Type: Commercial Land | Parking Spaces: 10 | Total Area: 450 sqm |
Interesting Facts
Yaba is the epicentre of so many different activities in Lagos. From educational institutions to small businesses, there is something for everyone in Yaba. It has become a technology hub thanks to the presence of many startups such as Hotels.ng and Cc Hub.
Leisure and Shopping
Many Lagosians flock to Tejuosho market for thrift shopping. The E-Centre is another popular shopping destination in Yaba. Ozone cinemas are housed in the mall, which is conveniently located on Commercial Avenue. Malls such as Mallmart and PEP Shop also offer shopping options.
Popular Estates
Tajudeen Olanrewaju Housing Estate is a small but beautiful estate. The driveways are well laid out and excellent for both jogging and cycling. Jacob Mews is a community of 90 apartments clustered into blocks of flats, condos, and terraces.
Day Life
Yaba is an energetic location that offers numerous activities for its residents. The environment is serene and calm for relaxation. Pancake Hub, Domino's Pizza and Dodo Pizza are your breakfast plugs. Makoko is a unique inner-city slum that has a third of its community built on the lagoon.
Night Life
Barnilux Bar is one of the most popular locations to experience the nightlife in Yaba. Nkwobi Palace & Richbite BBQ Spot is a perfect spot for those who want to have a local taste. Other places to grab a drink in the evening are Koko Lounge, House of Haze, and The Gondola Club.
Schools
Blooming Greens School uses character development and a variety of teaching methods to maximise your child's potential. Our Lady of Apostles Private School is a 40-year-old learning and discipline citadel. Other schools in Yaba are Prudence Girls' High School, Prudence City College, Wesley Girls' Secondary School, Queens College, Western College, Westerfield College, etc.
Read the full area guide for Yaba, Lagos.
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Disclaimer
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339 Herbert Macaulay Way ,yaba., Yaba, Lagos, Nigeria
0911 XXXX Show Phone
09110538457
Registered 4 years ago
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