Prime Commercial Property in Lekki Phase 1
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Overview
An excellent opportunity to lease a prime commercial property measuring approximately 750sqm, strategically situated off Admiralty Way in the highly sought-after Lekki Phase 1 district.
With its desirable location and versatile commercial potential, the property is suitable for businesses seeking a strategic presence in one of Lagos's established commercial and lifestyle hubs.
Suitable Uses
Restaurant
Lounge
Supermarket
Corporate Office
Showroom
Other Commercial Purposes
Property Details
Location: Off Admiralty Way, Lekki Phase 1
Property Type: Waterview Commercial Property
Approximate Size: 750sqm
Lease Terms
Annual Rent: ₦40,000,000
Minimum Upfront Payment: 2 Years
Agency Fee: 10% — ₦4,000,000
Legal Fee: 5% — ₦2,000,000
Initial Payment Breakdown
Two Years' Rent: ₦80,000,000
Agency Fee: ₦4,000,000
Legal Fee: ₦2,000,000
Total Initial Payment: ₦86,000,000
