Commercial Property for Rent on Ikorodu Road, Lagos
There are 22 commercial property for rent in Ikorodu Road as of 10 Oct 2026, with an average price of ₦20M. 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.
For lease a purpose built and strategically located 3 star hotel on 4 floors with basement and penthouse, offering excellent commercial visibility and dual access. The hotel features over 39 units of accommodations, each ensuite with balconies, a penthouse, multiple mini suites, restaurants, bar , equipped gym, event hall and other functional spaces. Making it ideal for investors, corporate lodging operators and shortlet investors. Accommodation details: 39 units of rooms (23 single rooms and 16 mini suites) spread across 4 floors. Penthouse office space, ensuite *All rooms are ensuite with balconies *Basement with gym, conference hall, vip bar and lounge, office space. *Reception, restaurant, bar, kitchen, and gift shop on the ground floor. *Multiple office spaces on various floors Mini event halls. Facility & Amenities includes: CCTV camera Internet facility Elevators with 2 pairs of stairs at both end * Equipped gym 200 & 114 kva backup generators Dedicated transformers * Adequate parking space *Fire Fighting equipment installed. Etc
Off Ikorodu Road, Palmgrove, Ilupeju, Lagos
40 beds
Harris Consult Realty
Premium
2
₦10,000,000/yr
Office space for rent
Office Space
Quick letting 4 (units) of open floor office space seating on 100sqm each directly on Ikorodu road by Fadeyi on the road. Each units: 10M pa, but 8m Net. Suitable for office space, storage, & can also be use for event centre. Internal video available on request. Direct from mandate
Ikorodu Road, Fadeyi, Shomolu, Lagos
100 sqm
God's Favour World Properties
Premium
4
₦85,000per sq.m / p.a.
Office space for rent
Office Space
Commercial property for lease Property Details Total Floor Area: Approximately 965 m² Configuration: Ground floor, three upper floors and a penthouse. Preferred Occupancy: A single corporate tenant. Ideal Occupiers: Corporate and institutional organisations. Asking Rent: ₦85,000 per m² per annum, slightly negotiable 1 Year rent is acceptable
Off Ikorodu Road, Obanikoro, Shomolu, Lagos
12 baths
12 toilets
20 Parking
965 sqm
Toyib Ayoade Consulting Service Limited
Premium
10
₦40,000per sq.m / p.a.
Plaza / complex / mall for rent
Office Complex
A Purposely Built Office Complex affording the following open planned space:- Basement ..... 450m2 First Floor.......391m2 Second Floor...391m2 Third Floor.......391m2 Pent House/Guest House Open floor/Bar..182m2 5 nos Bedrooms ensuit WC Covered space..343m2 total lettable SPACE......2248m2 lift: -Passengers Lift with a Dedicated Generator location: -Off Ikorodu Road, Palmgroove, Lagos State. Condition:- Single corporate tenant is preferred. Good uses for :- 3 star International Hotel, Corporate Head Office, (Private/Public), International Educational Institution, Religious Center, Training Center, Shopping Mall etc rent :- #40,000:00per sqm per year
Off Ikorodu Road, Palmgrove, Shomolu, Lagos
Tunmibi Properties Ventures
Premium
11
₦100,000,000/yr
Hotel / guest house for rent
Fully Fitted and Furnished Hotel for Lease
Description a purpose-built and strategically located 3-star hotel on 4 floors with basement and penthouse, offering excellent commercial visibility and dual access. The hotel features over 39 units of accommodation each ensuite with toilet and balconies, a penthouse, multiple mini-suites, restaurant, bar, equipped gym, event hall, and other functional spaces, making it ideal for hospitality investors, corporate lodging operators, and short-let investors. Location: Abe Street, Onipanu, Lagos. The hotel enjoys dual entry and exit point via Abe Street and Oluwatoyin Street, Onipanu, Lagos. It is highly visible and accessible to Ikorodu Road via Conoil filling station by Onipanu bus stop. Accommodation details 39 units of rooms (23 single rooms & 16 mini-suites) spread across 4 floors; Penthouse office space (en-suite); All rooms ensuite with toilet and balconies; Basement with gym, conference hall, vip bar/lounge & office space; Reception, restaurant, bar, kitchen & gift shop on Ground floor; Multiple office space on various floors; and, Mini event halls. Facilities & amenities CCTV camera Internet facility Elevators with 2 pairs of stairs at both ends Equipped gym 200 & 114 kva back-up Generators Dedicated transformer Adequate parking space Fenced and gated Fire-fighting equipment installed (extinguishers) attractions to the property ocol Hotel presents an exceptional opportunity for operators seeking a fully fitted, fully furnished, and immediately occupiable hospitality asset in a thriving Lagos corridor. Strategically located just off Ikorodu Road, the property enjoys excellent visibility, access, and consistent traffic flow within a high-demand hospitality zone renowned for strong occupancy and attractive investment returns. Its proximity to major commercial hubs, residential estates, business districts, and transport links ensures a continuous stream of guest traffic and positions the hotel advantageously within the mainland market. The hotel is offered vacant, providing a true plug-and-play advantage with all fittings, furnishings, and operational facilities, including the front desk/reception area, kitchen, restaurant, bar, conference rooms, guest rooms, and suites; ready for immediate occupation, thereby eliminating significant capital outlay or setup time. Its design supports diverse and profitable revenue channels spanning accommodation, conference and event hosting, restaurant and bar operations, fitness facilities, and outdoor relaxation spaces. This makes the property highly suitable for hospitality investors, short-let operators, corporate housing providers, medical hospitality extensions, or hybrid operators seeking flexibility and scale. Ocol Hotel also offers well-appointed guest rooms with modern amenities such as air-conditioning, contemporary bathrooms, workspaces, and quality bedding, complemented by on-site dining, a bar/lounge, meeting rooms, Wi-Fi throughout the premises, a structured 24-hour front desk, and efficient housekeeping and laundry layouts. The facility's operational strength is further enhanced by ample parking, reliable power infrastructure with alternative backup, and robust security systems comprising CCTV coverage, gated entry, and access control. Situated within a secure and organized neighborhood, the hotel benefits from a good road network and easy connectivity to key routes. Its strong commercial frontage provides excellent branding visibility, making it ideal for operators looking to strengthen or expand their presence on Lagos Mainland. With flexibility for positioning as a mid-scale business hotel, boutique establishment, or mixed hotel/short-let operation, ocol Hotel delivers both immediate operational readiness and long-term growth potential for the right operator.
Abe Street, Off Bode Thomas Street, Onipanu, Shomolu, Lagos
40 beds
40 baths
46 toilets
Biodun Olapade & Co.
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Premium
14
₦20,000,000/yr
Office space for rent
Spacious Office Space
Direct Brief Now Letting Office Space (278.93 sqm) available at Ketu, Lagos. Location:Ikorodu Road, Ketu, Lagos. Rent: N20 million Legal: 5% Agency: 10% Caution Deposit: 10%
Kosofe Bus Stop, Ketu-Ikorodu Road, Ketu, Lagos
2 baths
3 toilets
4 Parking
Osas and Oseji
Premium
1
₦240,000,000/yr
Warehouse for rent
3-Bay Warehouse
A Prime 3-Bay Warehouse measuring approximately 15,378 sqm, strategically located and ideal for manufacturing, production, logistics, distribution, or storage. Property Details: - 3-Bay Warehouse - Approximate Size: 15,378 sqm - Excellent accessibility for trucks and heavy-duty vehicles - Prime location directly facing Ikorodu Road, Ojota Bus Stop, Lagos Lease Details: Price: 240m Lease Term: Minimum of 2 Years Hg 24/8/26
Ikorodu Road, Ojota, Lagos
15378 sqm
Loyalty Homes Limited
Premium
1
₦60,000per sq.m / p.a.
Warehouse for rent
A 3 Bay Warehouses Available
Warehouse for lease -- ojota, lagos A 3-bay warehouse measuring approximately 4,500 sqm, situated on a land area of approximately 15,378 sqm, strategically located and ideal for manufacturing, production, logistics, warehousing, distribution, or storage. Property Details - 3-bay Warehouse Size: Approximately 4,599 sqm - Land Size: Approximately 15,378 sqm (3.8 acres) - Excellent accessibility for trucks, trailers, and other heavy-duty vehicles - Strategically located directly facing Ikorodu Road, Ojota Bus Stop, Lagos Lease Details Rent: ₦60k per sqm (Asking price)
Ikorodu Road, Ojota, Lagos
6 toilets
50 Parking
15378 sqm
Loyalty Homes Limited
Featured
6
₦100,000per sq.m / p.a.
Office space for rent
Office Space, 965 SQM
Premium office complex for lease - ilupeju/obanikoro Location: Adjacent to Ikorodu Road, by Obanikoro Bus Stop, Lagos. Property Details: Total Floor Area: 965 m² Structure: Ground floor + 3 upper floors + penthouse Office Type: Open-plan office Preferred Occupancy: A single corporate tenant Financials: Rent: ₦100,000 per m² per year, slightly negotiable Lease Term: applied Agency Fee: 10% Legal Fee: 10% Caution Fee: None
Obanikoro, Shomolu, Lagos
965 sqm
Willperry Global Concept
Featured
9
₦10,000,000/yr
Office space for rent
100 SQM Open Floor Office Space
Here We Go From Semi 4 units available 100 SQM open floor office space to let Suitable for: - Corporate/Private Office - Storage/Warehouse use - Event Centre - Other commercial purposes Prime Location: Directly on Ikorodu Road, by Fadeyi, Lagos Rent: ₦10M per annum Net price for rent: ₦8M per annum per unit Inspection by appointment.Jack
Ikorodu Road, Fadeyi, Shomolu, Lagos
100 sqm
Property Finders (Ibile Global Mart Limited)
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Featured
17
₦15,000,000/yr
Office space for rent
5 Units of 3 Bedroom Office Space
Newly Renovated 5Units Spacious 3bedroom flat with large space down floor good for any purpose directly on the major road large parking space Location jumofak by Conoil Bustop, Lagos Ikorodu road, Ikorodu. Price 15Million per year 5years Required Video and Picture Available
Jumofak Bus Stop, Ikorodu, Lagos
3 baths
4 toilets
15 Parking
Bayus Estate Business World
2
₦85,000,000/yr
Office space for rent
Office Space, 965 SQM, Open-Plan
Premium office complex for lease - ilupeju/obanikoro Location: Adjacent to Ikorodu Road, by Obanikoro Bus Stop, Lagos. Property Details: Total Floor Area: 965 m² Structure: Ground floor + 3 upper floors + penthouse Office Type: Open-plan office Preferred Occupancy: A single corporate tenant Financials: Rent: ₦85,000 per m² per year, slightly negotiable Lease Term: Minimum of 1 year Agency Fee: 10% Legal Fee: 5% Caution Fee: None
Obanikoro, Shomolu, Lagos
965 sqm
Teelinks Realty Agency
1
₦240,000,000/yr
Warehouse for rent
3-Bay Warehouse 15,378 SQM, Strategically Located
A Prime 3-Bay Warehouse measuring approximately 15,378 sqm, strategically located and ideal for manufacturing, production, logistics, distribution, or storage. Property Details: - 3-Bay Warehouse - Approximate Size: 15,378 sqm - Excellent accessibility for trucks and heavy-duty vehicles - Prime location directly facing Ikorodu Road, Ojota Bus Stop, Lagos Lease Details: Price: 240m Lease Term: Minimum of 2 Years Hg 24/8/26 Ikejawolo
Ikorodu Road, Ojota, Lagos
15378 sqm
Agape First Luxury Estate
₦250,000,000/yr
Warehouse for rent
3 Bay Warehouse (4636SQM) on 11, 000SQM Land
3 Bay warehouse to let on ikorodu road, ojota Land size: 11,076 SQM Warehiuse size: 4,634.5SQM Rent/annum: N250M Inspection is possible and strictly on minimum of 24HRS appointment.
Ojota, Lagos
11000 sqm
Willperry Global Concept
11
₦20,000,000/yr
Office space for rent
Open Plan Office Space Measuring 279 SQM
For Lease* Description: Open plan office space on First floor with lettable area of 278.93 SQM Rent: 20m per annum (Negotiable) Location: Ikorodu Road Ketu Agency fee: 10% Legal fee:5%
Ikorodu Road, Ketu, Lagos
Harris Consult Realty
2
₦20,000,000/yr
Office space for rent
First Floor Office Space Measuring 278.93SQM
For Lease description: Open space (First floor Keystone Bank Branch address: Ikorodu Road, Ketu, Lagos) lettable area: 278.93 square metres rent: N20 million per annum (Negotiable) Anas/F
Ikorodu Road, Ketu, Lagos
278 sqm
Oip Properties
11
₦20,000,000/yr
Office space for rent
Open Plan Office Space Measuring 278.93 SQM on First Floor
D Now Letting Open plan Office Space measuring 278.93 sqm on first floor suitble for Coperate office. Location: Kosofe Bus Stop along Ikorodu Road, Ketu, Lagos. Rent: N20 million Legal: 5% Agency: 10% Caution Deposit: 10%
Ketu, Lagos
278 sqm
Hova Oy Concept
2
₦60,000,000/yr
Commercial property for rent
Warehouse
30,000 square foot Warehouse with administrative office on 3,750sqm land for long lease directly along Lagos Ikorodu road, Ketu. Minimum 5 years lease preferred. There is an option to sell for N4b.
Along Ikorodu Road, Ketu, Lagos
3750 sqm
Nike Olusanya and Co
6
₦20,000,000/yr
Office space for rent
Open-Plan Office Space Measuring 278.93SQM on the First Floor
For Lease: Open-Plan Office Space Measuring 278.93sqm on the First Floor For Rent. Location: Ikorodu Road, Ketu, Lagos. Rent: N20 million Legal: 5% Agency: 10% Caution Deposit: 10% For Inspection Bookings, Contact Aruofeg Enterprise: 08074577210 or 08057989376
Ketu, Lagos
2 toilets
Aruofeg Enterprise
11
₦5,000,000/yr
Commercial property for rent
200 Square Meter Office Space
- 200 SQM office space (GROUND FLOOR) Strategically located office space available on the ground floor in the Ogolonto area of Ikorodu Road, Lagos. Ideal for corporate offices, professional firms, training centres, and other commercial use. Property Features: - Spacious 200 sqm ground floor office space - Easily accessible location along Ikorodu Road axis - Dedicated prepaid meter - Kitchen net -. 3 Toilets - Ample natural lighting and ventilation - Suitable for various commercial operations - Tenant to provide personal generator Rental Details: - Rent: ₦5,000,000 per annum - Agency Fee: ₦500,000 - Legal Fee: ₦500,000 - Service Charge: ₦720,000 per annum
Ogolonto Area, Agric, Ikorodu, Lagos
3 toilets
Leeward Properties
Showing 1–20 of 22 properties
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Area Guide
About Lagos, Nigeria
Lagos is a port and the most populous city in Nigeria. It is the second fastest-growing city in Africa and the seventh in the world. The population of Lagos according to the Lagos State Government, was 17.5 million. These figures are however disputed by the Nigerian Government and judged unreliable by the National Population Commission of Nigeria. The latest reports estimate the population at 21 million, making Lagos the largest city in Africa.
Lagos is a metropolitan area which originated on islands separated by creeks, such as Lagos Island, fringing the southwest mouth of Lagos Lagoon while protected from the Atlantic Ocean by long sand spits such as Bar Beach, which stretch up to 100 kilometres (62 miles) east and west of the mouth. From the beginning, Lagos has expanded on the mainland west of the lagoon and the conurbation, including Ikeja (which is the capital of Lagos) and Agege, now reaches more than 40 kilometres (25 miles) north-west of Lagos Island. Some suburbs include Ikorodu, Epe and Badagry, and more local councils have recently been created, bringing the total number of local governments in Lagos to 57.
FAQ
Frequently asked questions
The average price of commercial property for rent on Ikorodu Road, Lagos is ₦20,000,000 a year.
Prices for commercial property for rent on Ikorodu Road, Lagos go up to around ₦250,000,000 a year.
Prices for commercial property for rent on Ikorodu Road, Lagos start from around ₦10,000,000 a year.
There are 22 available commercial property for rent on Ikorodu Road, Lagos. You can view and filter the list of property by price, furnishing and recency.
