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Prime Commercial Retail Asset for Sale
- 10,811 sqm leasable area
- Secure income from strong retail tenants
- Robust supermarket anchor (Shoprite)
- Contractual escalation for resilient income
- Prominent location in growing catchment area (2.5m population)
- Upscale residential estate with high demand for formal retail
Location: Amuwo Odofin Estate, Lagos (an upscale residential estate bordering Festac Town, Mile 2, Ojo, Alaba and Okota.)
Investment Opportunity: Attractive yield, sustainable rental income, and potential for long-term capital appreciation, making it an ideal addition to any investment portfolio.
Contact Us:
For enquiries, please contact:
Lanre Olutimilehin
Phone: 0704 526 9021
Email: [email protected]
Website: www.trilliumrep.com
Property Ref: 2837781 | Added On: 25 Apr 2025 | Last Updated: 25 Apr 2025 |
Market Status: Available | Type: Plaza / Complex / Mall | Covered Area: 10,811 sqm |
Servicing: Serviced |
Festac Town is a treasure trove of captivating details. Among these, a standout fact is its genesis as the venue for the remarkable FESTAC '77 festival—notably, the majority of the residents in this locale hail from the eastern reaches of Nigeria. Additionally, Festac hosts an innovative information-sharing platform, ensuring its inhabitants are consistently well-informed.
Festac Town is renowned for its well-organized residential neighborhoods, commonly known as "estates," which play a crucial role in shaping the town's identity and offering a variety of living spaces for its inhabitants. Notable estates in Festac Town include Unity Estate, Apple Estate, Lake View Estate, Golden Estate, Cooperation Estate, Diamond Estate, and Greenville Estates.
In Festac, the day life is a vibrant blend of diverse culinary delights, outdoor activities, and immersive cultural engagement. Residents and visitors alike can enjoy attractions such as Frankids Amusement Park and Victory Park, catering to kids and adults. When it comes to dining, an array of eateries including Woody Lounge, Bejoy Restaurant, Native Food Restaurant, Mamboo Restaurant, and Nibbles Cuisine, among others, contribute to the rich gastronomic tapestry of Festac Town, forming an integral part of the town's bustling day life.
Read the full area guide for Festac, Amuwo Odofin, Lagos.
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