Mid-rise Office Building On 3500sqm. For Acquisition

Listing titleFor Sale --- Middle‑Rise Office Building on 3,500 sqm --- Churchgate Street, Victoria Island C of O ₦9.5B

OverviewExceptional institutional office asset in the heart of Victoria Island: a purpose‑built, mid‑rise office building across five floors with a dedicated reception block, two security gate houses and on‑site parking for 30+ vehicles. Sitting on a substantial 3,500 sqm parcel on Churchgate Street and offered with a Certificate of Occupancy (C of O), this property is ideal for corporate headquarters, financial institutions, professional services groups or investors seeking a prime island commercial holding with immediate operational readiness.

Property summary

- Asset type: Middle‑rise office building (5 floors) with reception block
- Land area: 3,500 sqm (single consolidated title)
- Location: Churchgate Street, Victoria Island, Lagos --- premium corporate address
- Title: Certificate of Occupancy (C of O) --- certified documents available to qualified buyers
- Asking price: ₦9,500,000,000 (Nine billion, five hundred million Naira)

Key features & specification

- Five storeys of flexible office accommodation suitable for single‑occupier HQ or multi‑tenant leasing
- Dedicated reception block providing professional entrance, visitor lounge and concierge/service desk facilities
- Secure site with two gate houses for controlled entry/exit and enhanced perimeter protection
- On‑site parking for 30+ vehicles (visitor and tenant parking provision) --- rare for Island office assets of this scale
- Robust MEP infrastructure suitable for corporate fit‑out (detailed MEP schedule available on request)
- High‑quality façade and structural finishes designed for long‑term commercial use
- Potential for value enhancement via re‑fit, re‑branding or densification subject to planning

Location advantages

- Churchgate Street is a sought‑after Victoria Island commercial corridor with immediate proximity to financial institutions, law firms, embassies, hotels and high‑end retail amenities
- Excellent connectivity to major island arteries, Victoria Island business districts and convenient access to the Lekki corridor
- Strong corporate tenant pool and high demand for premium office space in this micro‑market

Investment & operational highlights

- Institutional scale: 3,500 sqm island site with a mid‑rise office building provides a strategic footprint for long‑term investors and owner‑occupiers
- Income potential: suitable for multi‑tenancy or single‑occupier lease, with opportunities to optimise rental yield via active asset management and premium tenant mix
- Financing & title: clear C of O supports institutional financing and smooth conveyancing for qualified buyers

Due diligence & documents availableOn qualification (proof of funds / LOI) the seller will provide: certified C of O, site survey, as‑built plans, basic MEP schedule, recent condition report and tenancy/operational records where applicable. Recommended purchaser checks include:

- Solicitor title search and verification of C of O and chain of ownership
- Structural and MEP technical survey (roof, HVAC, electrical, plumbing, fire safety)
- Fire & life safety compliance check and emergency systems inspection
- Car park capacity & traffic circulation review for tenant operations
- Planning & zoning confirmation for intended use, signage and any densification potential

Viewing & sale process

- Viewings: By appointment only for pre‑qualified buyers. Proof of funds and buyer/company profile required before full documentation release and site access.
- Offers: Submit a Letter of Intent (LOI) with proof of funds. Shortlisted buyers will be provided the full data room and invited to inspect the property.
- Sale mechanics: Negotiation of Heads of Terms followed by solicitor‑led conveyancing and completion. Buyer to budget for legal fees, stamp duty and registration costs.

Why buy this asset

- Prime Victoria Island location with strong corporate demand and limited comparable large‑format office sites
- Immediate operational capability with reception, security infrastructure and substantial onsite parking --- reduces tenant mobilisation time
- Clear, bankable title (C of O) and asset scale that suits institutional investors, corporate occupiers and property funds

Confidentiality & noticeAll information is provided in good faith and should be independently verified. The seller reserves the right to accept an offer at any time. Full documentation will be provided to qualified buyers under confidentiality terms.

Ref: Daka