Festival Mall
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Property Description
Festival Mall (ShopRite)
The commercial property enjoys a strategic location within the middle and high income district of Lagos. It is located in an area with easy access to Okota, Apapa-Oshodi express and Badagry express.
LAND SIZE : 26,127.950sqm
NUMBERS OF SHOPS : 48 with a very high occupancy level: (93.80%) and annual rent income of 619,154,000.
AVERAGE ANNUAL RENT INCOME: #619,154,000.00
PRICE : #10 billion (slightly negotiable)
NOTE : Property is a bank asset which makes the transaction easier and faster and it is free from litigation.
Property Details
| Property Ref: 3231382 | Added On: 01 Dec 2025 | Last Updated: 01 Dec 2025 |
| Market Status: Available | Type: Plaza / Complex / Mall |
Leisure and Shopping
Aswani Market is a great place to find reasonably priced items. In-store shopping, curbside pickup, and delivery are among the services available from ClothesZoo. Justrite Superstore and Pentagon Plastic Industry are other places to shop in the area.
Popular Estates
Ajao Estate is in a decent and reserved area. It is serene and has top-notch security. The roads are tarred and houses well organised. Jakande Estate, Peace Estate, Ire-Akari Estate and Ilamose Estate are other popular estates.
Day Life
Visit Aafin Alayeluwa, the Osolo of Isolo. Try out tasty homemade and local dishes at Molabat Kitchen, Africana Restaurant, or Ile Alamala. Tantalizers is available to provide fast food service for its residents.
Interesting Facts
PEFTI Film Institute, Nigeria's leading private film and television production company, had its beginnings in Isolo. Oke-Afa Memorial Arcade is a memorial park dedicated to those who lost their lives in an armoury explosion at the Ikeja military cantonment.
Night Life
Carabana Lounge is a popular hangout for locals and tourists alike. The lighting and ambiance create a sense of sleek comfort and style, which is a pleasant surprise. In addition, there is a Suya spot that is highly regarded in the area.
Schools
Laurel Schools and Mayday Schools are two great schools in Isolo, Lagos. Laurel Schools believe that every child has an innate gift/ability that is only waiting to be discovered. St Monica schools offer nursery, primary and secondary education. Headstart Private School, Penckers School, Marybene School, Masters Ville Schools, Kembos Group of Schools and Redwood Academy are also excellent.
Read the full area guide for Isolo, Lagos.
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Disclaimer
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Marketed by
P&h Properties Multi-global Ltd
Lagos
0701 XXXX Show Phone
2347036724943
Registered 1 year ago
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