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Prime Commercial Space Available for Lease
Located on a very busy road in Lekki Phase 1, this strategically positioned commercial property offers excellent visibility and accessibility, making it ideal for businesses looking to attract high customer traffic.
The property was previously used as a restaurant, and the layout already supports hospitality, retail, and other commercial operations. With spacious interiors, large display windows, and ample parking space, it provides a strong foundation for multiple business uses.
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Property Details
- Location: Lekki Phase 1, Lagos
- Property Type: Commercial Building
- Previous Use: Restaurant
- Road Access: Located on a high-traffic commercial road
- Lease Term: 5 Years
Annual Rent: ₦40,000,000 per annum
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Financial Terms
- Agency Fee: 10%
- Legal Fee: 10%
- Caution Fee: TBD
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Property Features
- Large open commercial floor space
- Road-facing building with strong visibility
- Spacious interior layout
- Large windows for display and natural light
- Multiple rooms and service areas
- Existing kitchen space
- Customer service counter/bar area
- Private restrooms
- Ample parking space in front
- Good road accessibility
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Suitable Business Uses
This space can be adapted for several commercial ventures such as:
- Restaurant / Lounge
- Café or Bistro
- Retail Store / Fashion Outlet
- Supermarket
- Corporate Office
- Clinic / Diagnostic Centre
- Beauty Salon / Spa
- Showroom
- Co-working space
- Lounge or entertainment business
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Key Advantages
- Located in one of the most commercially active areas in Lekki
- High visibility from the road
- Heavy daily traffic flow
- Excellent for walk-in customers
- Flexible layout for different business concepts
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Location: Lekki Phase 1, Lagos
Rent: ₦40,000,000 per annum
Lease: 5 Years
For Enquiries & Inspection:
Go Plug Realty
| Property Ref: 3370437 | Last Updated: 04 Mar 2026 | Market Status: Available |
| Type: House | Bedrooms: 5 | Toilets: 4 |
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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