Commercial land joint venture
Build Operate and Transfer Project Available
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: ₦50,000,000 - 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.
