14000sqm Of Premium Warehouse Space On Lease Offer

FOR LEASE- WATCH VIDEO ABOVE
Premium Warehouse Space for Lease ---
14,000 sqm (2 Bays: 9,000 sqm & 5,000 sqm) ---
Lufuwape (After Redeem, Before Danco FS), Lagos--Ibadan Expressway
₦45,000/sqm -
Min. 2‑Year Lease

Price & lease terms

- Rent rate: ₦45,000 per sqm per annum (rate quoted for the lease).
- Lease term: Minimum 2 years.
- Pricing examples (at ₦45,000/sqm):
- 9,000 sqm bay: ₦405,000,000 per year --- ₦810,000,000 for 2 years
- 5,000 sqm bay: ₦225,000,000 per year --- ₦450,000,000 for 2 years
- Entire site (14,000 sqm): ₦630,000,000 per year --- ₦1,260,000,000 for 2 years

Location & accessibility

- Location: Lufuwape, along the Lagos--Ibadan Expressway (after Redeem, before Danco filling station).
- Strategic frontage on a major arterial route serving Lagos and the western industrial corridor --- excellent for distribution, logistics and manufacturing operations.
- Quick access to key transport links and arterial roads for onward haulage.

Property summary

- Total available area: 14,000 sqm, offered as two separate bays: 9,000 sqm and 5,000 sqm.
- Ideal uses: warehousing, distribution hub, cold‑store conversion, light manufacturing, logistics yard or last‑mile fulfilment centre.
- Availability: Immediate lease --- suitable for occupiers seeking fast mobilisation on the Lagos--Ibadan corridor.

Key benefits & features

- Large contiguous bay options to suit single‑tenant or multi‑tenant occupation.
- Prime expressway location providing high accessibility and efficient haulage to/from Lagos and surrounding states.
- Flexible lease sizing --- tenants may lease either bay individually or the entire 14,000 sqm.
- High commercial visibility and strategic positioning for last‑mile distribution or regional storage requirements.
- Competitive leasing rate for the corridor with a short minimum lease commitment to support rapid occupancy.

Suitability & tenant profile

- Logistics & distribution operators requiring expressway access and large bay capacity.
- FMCG, wholesale and retail chains needing regional consolidation space.
- Light manufacturing or assembly operations seeking proximity to Lagos markets.
- Third‑party logistics (3PL) providers and import/export trading houses.

Documentation & due diligence

- Site particulars, survey plan and lease terms will be provided to qualified prospective tenants.
- Prospective tenants will be required to provide proof of funds or corporate credentials to receive full documentation and arrange a site inspection.
- Standard lease requirements: security deposit, reference documentation, and mutual execution of lease agreement.

Viewing & transaction process

- Viewings and site inspections by appointment only.
- To progress: submit an expression of interest with proof of funds or corporate profile; shortlisted parties will receive lease documentation and be invited for site walk‑through.
- Lease offers to be concluded with heads of terms, payment of deposit and execution of a formal lease agreement.

Additional notes

- All information provided is indicative and subject to verification. Prospective tenants are advised to carry out independent technical, legal and commercial due diligence prior to commitment.
- Specific operational fit‑out requirements (mezzanine, racking, sprinkler systems, office fit‑out, power upgrades) can be discussed and incorporated into the lease negotiations where applicable.

Ref: Wale