Prime And Strategic 1000sqm Single Bay Warehouse

FOR LEASE
Prime 1,000 sqm Single‑Bay Warehouse with Offices (Self Compound) ---
Ogba Coco, Along the Road
Lease ₦45,000/sqm p.a.
(Min. 3‑Year Rent Payment)

Quick summary

- Location: Ogba (Coco) --- prominent roadside position with excellent access to Lagos mainland distribution routes
- Unit: Single, clean bay warehouse with dedicated office accommodation and secure self compound
- Size: 1,000 sqm (contiguous)
- Rent: ₦45,000 per sqm per annum --- ₦45,000,000 p.a.
- Lease requirement: Minimum 3 years rent payment on commencement (₦135,000,000)
- Availability: Immediate --- suitable for logistics, distribution, light industrial or storage users

Property highlights

- Large clear single bay (1,000 sqm) providing efficient open floorplate for racking, pallet storage or light assembly
- Built‑in office block ideal for reception, admin, operations control room and staff facilities
- Secure self compound allowing easy truck access, loading/unloading and external storage or marshalling area
- Ground level roller shutter/loading access and high clear internal height for pallet racking and forklifts (specifications confirmed on inspection)
- Well‑maintained concrete floor slab capable of heavy goods handling; good vehicular turning and circulation space
- Located on a busy, well‑connected Ogba corridor with quick links to Ikorodu, Ojota, Gbagada, Agege and Lagos industrial belts

Commercial & operational advantages

- Immediate mobilisation: clean, single‑tenant ready bay reduces fit‑out lead time and speeds time‑to‑operation
- Flexible tenancy: unit suitable for 3PL, FMCG distributors, wholesalers, light manufacturing, fulfilment centres or automotive parts storage
- Cost clarity: competitive market rate at ₦45,000/sqm; fixed minimum rent payment provides landlord security for fit‑out and mobilisation support
- Security & privacy: fenced compound and discrete site access improve operational security and night‑time stock protection

Indicative costs & example (for budgeting)

- Annual rent: 1,000 sqm × ₦45,000 = ₦45,000,000 per annum
- Minimum commencement payment (3 years rent): ₦45,000,000 × 3 = ₦135,000,000 (excludes any agency/legal fees, VAT or agreed deposits)
- Tenant fit‑out, insurance and utility connection costs to be agreed separately

Tenant fit‑out & services

- Tenant responsible for internal racking, pallet systems, mezzanine or specialist fit‑out (subject to landlord approval)
- Utility supply: mains power and water available; tenant to confirm capacity and arrange metering where required
- Landlord willing to discuss reasonable landlord‑led works or phased fit‑out support for qualified, longer‑term tenants

Lease terms & requirements

- Rent: ₦45,000/sqm/annum (subject to contract)
- Minimum lease payment: 3 years rent due on commencement (as stated)
- Lease length: negotiable (typical industrial leases 3+ years) --- longer terms welcome for credible tenants
- Security deposit, agency/legal fees and other commencement charges as per mutual agreement and standard market practice
- Tenant to provide company profile, proof of funds/bank reference and business/operational plan for site usage

Suitability & recommended tenants

- Logistics and distribution companies seeking Lagos mainland access
- FMCG and wholesale operators requiring large single bay and operational yard
- 3PL providers, e‑commerce fulfilment centres and light assembly/manufacturing businesses
- Companies seeking secure, immediately available warehousing on a major Lagos corridor

Viewing & next steps

- Viewings strictly by appointment for qualified tenants. Prospective tenants should present company profile and proof of funds or bank reference to arrange inspection.
- Site walk‑through and technical specification pack available on request. Heads of terms and lease offer to follow satisfactory inspection and submission of required documents.

Legal & disclaimer
All information provided is indicative and subject to verification. Prospective tenants must carry out independent legal, technical and commercial due diligence. Lease terms, availability and pricing are subject to contract and may change without notice.

Ref: Wale