Warehouse for rent
Lagos-ibadan Express Before Interchange, Sagamu, Ogun
For lease
industrial warehouse for lease ---
5,200 sqm (self compound) + 5 × 2‑bed office/staff flats ---
makun (before interchange), lagos--ibadan expressway
₦45,000/sqm (negotiable for office/residential block)
price & lease terms
- asking rent: ₦45,000 per sqm per annum.
- indicative rent examples at ₦45,000/sqm:
- 5,200 sqm warehouse: ₦234,000,000 per year --- ₦468,000,000 for 2 years
- office/residential block (5 flats of 2‑bedrooms): rent negotiable and can be quoted separately or bundled into a bespoke lease package.
- lease term: flexible; minimum term negotiable (typical industrial leases 2+ years). security deposit and standard lease guarantees required.
location & accessibility
- location: makun (before interchange), along the lagos--ibadan expressway --- after redeem (precise location adjacent to major expressway arterial).
- excellent truck and haulage access to/from lagos and western corridor; convenient for distribution and regional logistics.
property summary
- total warehouse area: 5,200 sqm contained within a secure self compound.
- additional accommodation: 5 flats (each 2‑bedroom) configured as office or staff residential block --- ideal for onsite managers, security or key staff.
- security & boundary: fully fenced and gated compound suitable for industrial operations.
- availability: immediate occupation subject to agreed lease terms and due diligence.
key benefits & features
- self compound with secure perimeter providing safe vehicle manoeuvring and external storage yard.
- dedicated staff/office residential block on site (5 × 2‑bed flats) --- reduces opex for staff accommodation or provides immediate office/administration space.
- fenced & gated site suitable for high value inventory and heavy commercial use.
- strategic expressway frontage enabling efficient logistics, distribution and supply chain operations.
on‑site utilities & facilities
- 24‑hour chinese light (continuous power provision locally managed within the estate/compound).
- gas pipeline connection on site --- suitable for processes requiring piped gas or for estate communal services.
- industrial borehole water supply --- robust water availability for operations and domestic use.
- good vehicular access for articulated trucks and trailers.
suitability & tenant profile
- logistics, distribution and 3pl operators requiring expressway access.
- light manufacturing, assembly or processing companies with water and gas needs.
- fmcg wholesalers, cold‑chain support (subject to tenant fit‑out), and regional distribution centres.
- companies seeking onsite staff accommodation or management offices.
documentation & due diligence
- site particulars, survey plan and lease terms available to qualified prospective tenants.
- prospective tenants will be required to provide corporate credentials and proof of funds to receive full documentation and arrange inspection.
- standard lease requirements apply: security deposit, bank guarantee or equivalent, and mutual execution of a written lease agreement.
viewing & transaction process
- viewings and technical inspections by appointment only.
- to progress: submit an expression of interest with proof of company credentials and financial capability; shortlisted parties will receive lease documentation and be invited for a site walkthrough.
- lease to be finalised by heads of terms, deposit payment and execution of formal lease. fit‑out, racking, power upgrades or other operational requirements can be negotiated and incorporated into the lease.
additional notes
- office/residential block rent is negotiable and may be included in a bundled offer depending on term and tenant profile.
- specific fit‑out requests (mezzanine, sprinklers, racking, cold store conversion, additional power connections) can be accommodated subject to technical approval and agreed commercial terms.
- all information provided is indicative and subject to verification. prospective tenants are advised to undertake independent technical, legal and commercial due diligence prior to commitment.
legal & disclaimer
information contained in this listing is provided in good faith and is subject to verification. price, availability and particulars may change without notice. prospective tenants must undertake their own due diligence and obtain appropriate professional advice.
ref: w...
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₦45,000 per square meter / per annum
The Build Centre Properties
09028190510