Own A Piece Of Prime Lagos Realty- Super Commercial Building On Offer

*THIS IS THE HOT CAKE OF THE MONTH*
*DON'T MISS OUT*

MODERN OFFICE / COMMERCIAL BUILDING FOR SALE --- ALLEN AVENUE, IKEJA

Property Name: MO Towers
Address: 74 Allen Avenue, Ikeja, Lagos
Type: High‑grade commercial / office building (corner piece)
Land Area: 1,650 sqm
Total Lettable Floor Space: 2,900 sqm (open‑plan)
Title: Certificate of Occupancy (C of O)
Asking Price: ₦6,500,000,000 (Negotiable)

Overview
A prominent 9‑storey office complex with basement located directly on Allen Avenue
--- one of Ikeja's premier commercial corridors. Built by G. Cappa in 2001 and formerly occupied by Union Bank of Nigeria, MO Towers is a well‑specified, modern office asset offering immediate scale and strong repositioning or income potential for institutional investors, corporate occupiers, or owner‑occupiers.

Investment Highlights

- Prime, high‑visibility corner parcel on Allen Avenue --- excellent frontage and accessibility.
- Substantial lettable area: 2,900 sqm across basement + 8 floors of office accommodation.
- Robust building services and life‑safety systems already in place (fire detection, CCTV, water treatment, lifts, UPS).
- Significant secure parking provision: 40 cars at rear + 8 bays at front --- rare for the district.
- Clear title (C of O) --- transaction ready subject to due diligence.
- Suitable for single occupier, multi‑tenanted office investment, or conversion to mixed commercial use.

Property Specifications

- Floors: Basement + Ground + Mezzanine + 1st to 5th + Pent floor (total 9 levels)
- Year built: 2001 Builder: G. Cappa
- Structural layout: Open‑plan lettable floors enabling flexible space planning and efficient fit‑outs.
- Previous major tenant: Union Bank of Nigeria (proven commercial-grade fit-out and systems).

Lettable Space by Floor

- Basement: 290 sqm
- Ground Floor: 330 sqm
- Mezzanine: 270 sqm
- First Floor: 353 sqm
- Second Floor: 353 sqm
- Third Floor: 353 sqm
- Fourth Floor: 353 sqm
- Fifth Floor: 353 sqm
- Pent Floor: 224 sqm

Facilities & Building Services

- 2 Otis passenger lifts with dedicated UPS backup
- Secure vaulted underground storage (basement)
- Water treatment plant (ensures reliable water quality supply)
- Central fire alarm system and fire fighting provisions (dry riser, hose reels, extinguishers)
- CCTV security system with inverter backup
- Robust electrical and mechanical installation suitable for commercial operations

Parking

- Rear car park: capacity for 40 cars with direct access
- Front car park: 8 bays

Suitable Uses

- Corporate headquarters / single occupier office
- Multi‑tenanted office investment / serviced office operator
- Financial institution or professional services firm
- Adaptable for mixed commercial usage subject to planning approvals (e.g., training centre, co‑working, specialist medical services)

Price & Transaction Terms

- Asking Price: ₦6.5 billion (negotiable)
- Clear C of O title; sale subject to standard legal and technical due diligence.
- Viewing and transactional negotiations available to serious, pre‑qualified buyers. Proof of funds and/or formal LOI recommended prior to detailed documentation release.

Next Steps / Process

1. Submit Expression of Interest (EOI) or Letter of Intent (LOI).
2. Sign NDA (if required) to receive full information pack: property folder, floor plans, services schedules, copies of title and building as‑built details.
3. Arrange site inspection and technical walkthrough.
4. Proceed to commercial offer, legal review and completion.

For Viewings, Further Information and Offers
Please contact: The Build Centre Properties Ltd

MO Towers presents a rare opportunity to acquire a substantial, well‑appointed office asset in the heart of Ikeja's commercial district. Immediate possession and flexible re‑letting or owner‑occupancy options make this ideal for investors seeking scale and location advantage.