Commercial Building On 517.870sqm
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Property Description
Commercial Building on 517.870sqm in Lekki Phase 1 (Prime Commercial Road)
A prime investment opportunity to acquire a fully positioned commercial building on a busy, high-visibility road in Lekki Phase 1. The property sits on 517.870sqm and comprises 11 shop units (6 ground floor, 5 upper floor), making it ideal for multiple income streams or full commercial conversion.
With excellent frontage, strong foot traffic, and a secure gated compound, this asset is perfectly suited for a mini mall, office complex, clinic, hospitality business, spa, salon hub, or mixed-use commercial center. The location guarantees consistent demand from retailers and service-based businesses in one of Lekki's most active commercial corridors.
Perfect for investors or developers seeking strong rental yields and capital appreciation in a blue-chip commercial zone.
Features
Prime location on a busy commercial road
High visibility & strong foot traffic
11 shop units (6 ground floor, 5 upper floor)
Suitable for mall, offices, clinic, spa, hospitality, salons, showrooms
Gated compound for security & controlled access
Good frontage for signage and branding
Multiple income streams from shop rentals
Easy access & central Lekki Phase 1 location
Parking space within compound
Strong rental demand & capital appreciation potential
Title: C of O + Governor's Consent.
Price: ₦900,000,000.00( asking price)
Image Code: CPP-LE55
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Property Details
| Property Ref: 3340149 | Added On: 12 Feb 2026 | Last Updated: 12 Feb 2026 |
| Market Status: Available | Type: Commercial Property | Bathrooms: 1 |
| Toilets: 1 | Total Area: 517 sqm |
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 of their occupants.
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 in Lekki Phase 1, you're definitely covered.
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 always willing to show up at the local bars and clubs.
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 Phase 1, Lekki, Lagos.
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Disclaimer
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No 2 Wema Terrace Udi Street Osborne Foreshore Estate, Ikoyi, Lagos, Nigeria
0813 XXXX Show Phone
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