Prime Warehouse - 68,000 Sqft (6,317 Sqm)
Interested in this property?
Property Description
Prime Warehouse For Lease in Ogba - 68,000 SqFt (6,317 SQM) N40,000/SqFt
Description:
Discover an exceptional logistics and storage solution with this massive, well-situated warehouse facility in the industrial heart of Ogba. Spanning a vast 68,000 square feet (approximately 6,317 square meters), this property is ideal for manufacturing, distribution, large-scale retail, or as a flagship depot.
The space offers high ceilings, easy access for heavy-duty vehicles, and a robust structure suitable for various industrial applications. Its strategic location in Ogba ensures excellent connectivity to major roads and highways, facilitating seamless distribution across Lagos and beyond.
This is a rare opportunity to secure a high-caliber industrial asset in a key logistics corridor.
Lease Offer & Key Financial Terms:
Lease Rate: ₦40,000.00 (Forty Thousand Naira Only) per Square Foot. This is a NET rate, exclusive of all taxes and charges.
Total Annual Rent: ₦2,720,000,000 (Two Billion, Seven Hundred and Twenty Million Naira).
Refundable Security Deposit: 10% of the annual rent (₦272,000,000) is required upfront and is fully refundable at the end of the lease term, subject to property conditions.
Legal Fees: Payable by the Tenant, calculated at 5% of the total annual rent plus VAT.
Agency Fees: Payable by the Tenant, calculated at 10% of the total annual rent plus VAT.
Property Details
| Property Ref: 3069490 | Last Updated: 02 Sep 2025 | Market Status: Available |
| Type: Warehouse |
Interesting Facts
Some places in Ogba are fully residential, other areas are mainly commercial. Ogba is home to a lot of Banks including Access Bank, First Bank, Zenith Bank, Enterprise Bank, EcoBank, Union Bank, UBA, Keystone, Heritage Bank, etc.
Leisure and Shopping
The Ogba Multipurpose Shopping Complex, which is located along the Sunday market, is currently Ogba's largest mall. Sunday is a special day for the sale of fresh farm produce, dairy products, seafood, fruits, and any other foodstuff or ingredient you can think of at bargain prices.
Popular Estates
Harmony Estate is one of the most private and secure estates in Ogba. It has exceptional security and the roads are tarred. Within its premises, there are businesses and grocery shops and a school to meet the needs of residents so they don't have to go too far.
Day Life
Visit Kulture Yard, also known as Buchi's Place, if you are looking for a cool place to relax and eat. Try the famous grilled fish and other African delicacies and cuisine, as well as a variety of drinks. Some of Ogba's restaurants offer a wide variety of both regional and continental fare.
Night Life
There are quite a number of great bars and clubs in Ogba. Sinatra place has a hotel, outdoor and indoor lounge. Other places to check out are Ace Lounge, Trace, Lascofis Bar, Nissi Bar, Saint and Sinner S and S Bar.
Schools
Many schools in Ogba are well-equipped with facilities to help children learn more effectively. They also participate in club activities such as chess, music and drama, ballet, debate/press, and others. Babcock University Secondary Schools and Ogba Junior Grammar School are among the most popular secondary schools.
Read the full area guide for Ogba, Ikeja, Lagos.
Interested in this property?
Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Befitting Properties Limited. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Marketed by
60 Moleye Street Alagomeji, Yaba, Lagos, Nigeria
0802 XXXX Show Phone
+2348023210350
Registered 5 years ago
View all properties from this agent