A prime 1,940sqm commercial land is available to let in a highly strategic and high-visibility located in Lekki Phase 1.

Positioned along one of the busiest and most commercially active corridors in the Lekki axis, this property offers exceptional visibility and accessibility, making it particularly attractive for businesses that depend on high traffic, strong brand exposure, and convenient customer access.

The prominent expressway-facing position provides an excellent platform for businesses looking to establish a major commercial presence in one of Lagos' rapidly developing and highly sought-after areas.

Property Features
Land Size: 1,940sqm
Location: Lekki Phase 1
Position: Lekki Expressway

Title: Governor’s Consent

Prime expressway frontage
Excellent visibility
High-traffic location
Easy accessibility
Suitable for major commercial operations
Large development footprint
Ideal for businesses requiring prominent frontage

Suitable For
The property is particularly suitable for:

Church
Restaurant
Car Lot / Auto Dealership
Filling Station
Event Centre
Gym / Fitness Centre
Other high-traffic commercial ventures

The combination of a large 1,940sqm land area and direct expressway frontage provides substantial flexibility for creating a landmark commercial facility with excellent customer visibility and accessibility.

Lease Terms
Annual Rent: ₦125,000,000 Asking
Agency Fee: 10% of gross lease value
Legal Fee: 10% of gross lease value

Lease Structure:
3 Years Upfront Payment
10-Year Lease Acceptable

Investment & Commercial Advantage
For businesses seeking a location that offers maximum exposure and accessibility, this property presents a compelling opportunity.

Its position directly opposite a prominent commercial destination gives prospective tenants the advantage of strong visibility, while the sizeable land area allows for adequate parking, customer circulation, branding, and development of purpose-built facilities.

The location is particularly well suited to businesses that benefit from passing traffic and prominent roadside exposure, making it an attractive option for both established brands and investors seeking a strategic commercial location along the Lekki corridor.

Price
💰 ₦125 Million Per Annum — Asking

3 years upfront payment and a 10-year lease are acceptable.