Nigeria Property Centre

Commercial Property for Rent in Magodo, Lagos

There are 13 commercial property for rent in Magodo as of 9 Nov 2026, with an average price of ₦50M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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Restaurants / Bars Plazas / Complexes / Malls Hostels Churches Schools Factories Hotels / Guest Houses Tank Farms Shops Filling Stations Warehouses Office Spaces
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Magodo Phase 1 Magodo Phase 2 Olowora
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1–13 of 13 properties for rent

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Restaurant / Bar Space with Mini Football Pitch — Magodo Phase 1, Magodo, Lagos
Premium
8
₦50,000,000 /yr

Restaurant / bar for rent

Restaurant / Bar Space with Mini Football Pitch

For lease: A 2-years income-generating property lease opportunity at magodo 1, ikeja, lagos. Property Details: - A well built and maintained lounge/Restaurant Space. - It has a Mini- Football Pitch. Landsize: 1200 Sqm. Amenities: - It is in a well secured and serene environment - It has Proximity to the Major road/Busstop. - It is along a well tarred and terrained road - Adequate Car park. - It has a Good Revenue generating capacity. - It is Suitable for Birthdays, Parties and Events. Location: 12, Agbedina Avenue, Magodo 1, Isheri - Olowora, Ikeja, Lagos. Lease Period: 2years Certain Price: - N50m Per Annum

Magodo Phase 1, Magodo, Lagos
1200 sqm
Xanderhomes
Fully Equipped Restaurant and Entertainment Space — Phase 1 Magodo, Magodo, Lagos
Premium
8
₦50,000,000 /yr

Restaurant / bar for rent

Fully Equipped Restaurant and Entertainment Space

Fully equipped restaurant and entertainment space for rent Location: Magodo Phase One Rent: N50M (2 years minimum) *Pitch alone generates N30M annually Features: - Fully furnished restaurant, all furniture comes with the property - Large Mikano generator - Lounge - Bar - Outdoor pitch - Snooker area - Dedicated grilling area - Restaurant/dining area

Phase 1 Magodo, Magodo, Lagos
3 baths 3 toilets
The Lekki Managers
Restaurant / Bar Space — Magodo Phase 1, Magodo, Lagos
Premium
8
₦50,000,000 /yr

Restaurant / bar for rent

Restaurant / Bar Space

Fully furnished restaurant space in Magod phase 1 - Rent: ₦50,000,000 per annum - Agency fee: 10% - Legal fee: 10% - Caution fee: ₦3,000,000 - Service charge: To be confirmed

Magodo Phase 1, Magodo, Lagos
Goplug Realty
Self Compound Lounge/Restaurant with Pitch — Magodo Phase 1, Magodo, Lagos
Premium
8
₦60,000,000 /yr

Restaurant / bar for rent

Self Compound Lounge/Restaurant with Pitch

Detached/self compound lounge/ restaurant with pitch/ dinning for rent/ lease in magodo 1 lagos Below is the breakdown for the restaurant space in Magodo: - Rent: ₦60,000,000 per annum - Agency fee: 10% - Legal fee: 7.5% - Caution fee: ₦3,000,000 - Service charge: To be confirmed #Seq

Magodo Phase 1, Magodo, Lagos
Lambe & Eboigbe Properties
Premium
₦8,000,000 /yr

Commercial property for rent

Commercial Strategic Land

This property is available for immediate lease. It's a full plot of land measuring 690Sqm. It can be used for car wash, lounge, warehouse or any commercial activity.. Call for only serious enquiries. Price slightly negotiable

Along Olowora Road, Olowora, Magodo, Lagos
Tot Property Partner LTD
Fully Equipped Restaurant, Bar & Lounge — Isheri, Magodo, Lagos
Featured
6
₦50,000,000 /yr

Restaurant / bar for rent

Fully Equipped Restaurant, Bar & Lounge

For lease fully equipped restaurant, bar & lounge Location: Magodo Isheri, Lagos Rent: ₦50,000,000 Per Annum A fantastic opportunity to take over an existing restaurant and entertainment venue in a serene and secure environment in Magodo Isheri. The property comes with a restaurant, bar, lounge, outdoor football pitch and snooker area, making it ideal for an established hospitality, leisure or lifestyle business. Property Features - Existing Restaurant / Dining Area - Fully Functional Bar - Lounge - Outdoor Football Pitch - Snooker Area - Spacious Concrete-Floored Compound - Large Mikano Generator - Prepaid Electricity Meter - Good Water Supply - Kitchen Cabinets - Kitchen Shelves - Fitted Wardrobes - Water Heater - Bath Cubicle - Pop Ceilings - Guest Toilet - Good Road Network - Serene & Secure Environment Ideal for - Restaurant & Bar - Lounge - Sports Bar - Entertainment Venue - Event / Lifestyle Centre - Hospitality Business - Fitness & Recreation - Other Suitable Commercial Uses Message us today to schedule an inspection and discuss lease terms. Upg Real Estate

Isheri, Magodo, Lagos
U P G Real Estate LTD
A Big Office Space — Magodo Phase 1, Magodo, Lagos
Featured
8
₦50,000,000 /yr

Office space for rent

A Big Office Space

A big office space for rent Features: Pop ceiling Guest toilet Prepaid meter Bath cubicle Kitchen shelf Kitchen cabinets Fitted wardrobe Concrete floored compound Water heater Good water *lounge *Bar *Outdoor pitch *snooker area *Restaurant / Dining area *large Mikano generator *prepaid meter Good road network Located in a serene and secure environment

Magodo Phase 1, Magodo, Lagos
2 baths 4 toilets
Flocisco Global Resources LTD
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Farm Land Road
5 Bedroom Detached Duplex — Magodo Phase 2, Magodo, Lagos
Featured
11
₦15,000,000 /yr

Office space for rent

5 Bedroom Detached Duplex

5 bedroom duplex Self compound Magodo shangisha

Magodo Phase 2, Magodo, Lagos
5 beds 5 baths 4 toilets 4 Parking
Homeswithdavid
Standard 9 Bedroom Duplex — Off CMD Road, Magodo Phase 2, Magodo, Lagos
Featured
17
₦25,000,000 /yr

Commercial property for rent

Standard 9 Bedroom Duplex

Letting Commercial property Standard 9 bedroom duplex with a storey building open space on a 700sqm self compand @ Off CMD road Lagos Rent : 25million naira asking Agency, legal, caution : 10 % each

Off CMD Road, Magodo Phase 2, Magodo, Lagos
9 beds 10 baths 10 toilets
Chaman Properties
A Semi Detached Commercial Property with Glass House — CMD Road, Magodo Phase 2, Magodo, Lagos
Featured
25
₦25,000,000 /yr

Commercial property for rent

A Semi Detached Commercial Property with Glass House

Commercial property for rent on CMD road, magodo phase 2 office space + staff quarters a versatile duplex commercial property for rent, directly on CMD Road, Magodo Phase 2 --- one of Lagos Mainland's most prominent commercial and business addresses. With 8 en-suite rooms, 2 additional rooms, a glasshouse, and a shop, this property is ideally suited for a corporate office setup combined with staff accommodation, all under one roof. Location: CMD Road, Magodo Phase 2, Lagos (direct road frontage) Property Type: Duplex commercial building Property Features: ️ 8 rooms, all en-suite 2 additional rooms Glasshouse Shop space Ideal For: Corporate office space Staff quarters / live-in accommodation Combined office + residential use for businesses that need both under one address Rent: ₦25,000,000 per annum CMD Road's direct commercial frontage and Magodo Phase 2's reputation as a premium business corridor make this a strong fit for companies looking to consolidate office and staff housing needs into a single, well-located property. For inspection, call/WhatsApp 07035399994. CommercialProperty OfficeSpaceForRent CommercialPropertyForRent MagodoProperty MagodoPropertyForRent

CMD Road, Magodo Phase 2, Magodo, Lagos
8 beds 8 baths 9 toilets 5 Parking
Homefront Realty and Property Management Limited RC-9252819
Restaurant with Pitch/ Dinning — Magodo Phase 1, Magodo, Lagos
8
₦60,000,000 /yr

Restaurant / bar for rent

Restaurant with Pitch/ Dinning

Semi direct brief: Detached/self compound lounge/ restaurant with pitch/ dinning for rent/ lease in magodo 1 lagos Below is the breakdown for the restaurant space in Magodo: - Rent: ₦60,000,000 per annum - Agency fee: 10% - Legal fee: 7.5% - Caution fee: ₦3,000,000 - Service charge: ??? Egvanita

Magodo Phase 1, Magodo, Lagos
Exquisite Global Ventures
Functional Lounge, Spacious and Well-Designed Area — Magodo Phase 1, Magodo, Lagos
4
₦40,000,000 /yr

Restaurant / bar for rent

Functional Lounge, Spacious and Well-Designed Area

S. Direct brief ️ Functional Lounge for Lease Magodo Phase 1 Rent: ₦40 million per annum Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Service Charge: To be discussed Features: ️ Spacious and well-designed lounge area ️ Suitable for events, hospitality & entertainment ️ Serene and secure environment ️ Good road access & ample parking For enquiries & inspection: Call/DM now to close ~tint~

Magodo Phase 1, Magodo, Lagos
3 beds 2 baths 4 toilets 10 Parking
White Legacy Realty LTD.
New Shop — Olowora, Magodo, Lagos
6
₦3,000,000 /yr

Shop for rent

New Shop

Exclusive shop

Olowora, Magodo, Lagos
1 toilet 2 Parking
C&K Properties

Showing 1–13 of 13 properties

FAQ

Frequently asked questions

The average price of commercial property for rent in Magodo, Lagos is ₦50,000,000 a year.

Prices for commercial property for rent in Magodo, Lagos go up to around ₦60,000,000 a year.

Prices for commercial property for rent in Magodo, Lagos start from around ₦15,000,000 a year.

There are 13 available commercial property for rent in Magodo, Lagos. You can view and filter the list of property by price, furnishing and recency.

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