Nigeria Property Centre

Land for rent

Prime 1,940SQM Land

Lekki Phase 1, Lekki, Lagos
₦125,000,000 per annum
#366-976-0 11 Sep 2026 Added today
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Land Property type

About this property

CWL1801 A prime 1,940sqm commercial land is available to let in a highly strategic and high-visibility located in Lekki Phase 1. Positioned along one of the busiest and most commercially active corridors in the Lekki axis, this property offers exceptional visibility and accessibility, making it particularly attractive for businesses that depend on high traffic, strong brand exposure, and convenient customer access. The prominent expressway-facing position provides an excellent platform for businesses looking to establish a major commercial presence in one of Lagos' rapidly developing and highly sought-after areas. Property Features Land Size: 1,940sqm Location: Lekki Phase 1 Position: Lekki Expressway Title: Governor's Consent Prime expressway frontage Excellent visibility High-traffic location Easy accessibility Suitable for major commercial operations Large development footprint Ideal for businesses requiring prominent frontage Suitable For The property is particularly suitable for: Church Restaurant Car Lot / Auto Dealership Filling Station Event Centre Gym / Fitness Centre Other high-traffic commercial ventures The combination of a large 1,940sqm land area and direct expressway frontage provides substantial flexibility for creating a landmark commercial facility with excellent customer visibility and accessibility. Lease Terms Annual Rent: ₦125,000,000 Asking Agency Fee: 10% of gross lease value Legal Fee: 10% of gross lease value Lease Structure: 3 Years Upfront Payment 10-Year Lease Acceptable Investment & Commercial Advantage For businesses seeking a location that offers maximum exposure and accessibility, this property presents a compelling opportunity. Its position directly opposite a prominent commercial destination gives prospective tenants the advantage of strong visibility, while the sizeable land area allows for adequate parking, customer circulation, branding, and development of purpose-built facilities. The location is particularly well suited to businesses that benefit from passing traffic and prominent roadside exposure, making it an attractive option for both established brands and investors seeking a strategic commercial location along the Lekki corridor. Price ₦125 Million Per Annum --- Asking 3 years upfront payment and a 10-year lease are acceptable. For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Property details

Reference ID #366-976-0
Listed by C W Real Estate
Property type Land
Listing status Land for rent

Area guide — Lekki

Lagos

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

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.

Popular Estates

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 o...

Day Life

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 i...

Night Life

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 alway...

Schools

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, Lagos

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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 C W Real Estate. 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.

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