Land joint venture
Opposite Lagos Business School, Lekki Phase 2, Lekki, Lagos
For sale / joint‑venture --- high‑impact expressway corner, lekki‑epe expressway (opposite empressa hotel by lbs)
headline
directly facing lekki‑epe expressway --- cornerpiece (2 fenced plots) 1,330.465 sqm gov's consent land value: ₦900,000,000 --- jv or outright sale. owner welcomes shopping mall proposals.
quick facts
- location: lekki‑epe expressway --- opposite empressa hotel by lagos business school (lbs)
- parcel: 2 contiguous fenced plots (cornerpiece) --- total size: 1,330.465 sqm
- title: governor's consent (bankable)
- land value: ₦900,000,000 (whole) --- implied price ≈ ₦677,000/sqm
- availability: for sale or structured joint‑venture (owner will strongly consider a shopping mall development)
overview
an exceptional commercial landholding with direct expressway frontage and corner visibility on one of lagos's busiest arterial corridors. this highly marketable 1,330.465 sqm fenced corner parcel sits opposite a known hospitality landmark --- offering maximum exposure, ease of customer access and immediate branding advantage. the owner is open to a sale or a strategic jv, and welcomes proposals for a high‑quality shopping mall or mixed‑use commercial development.
why this site is outstanding
- unrivalled visibility: direct frontage to lekki‑epe expressway guarantees constant vehicle flow and high daily impressions --- premium for retail anchors, banks, showrooms and hospitality.
- corner / fenced parcel: enhanced design flexibility, multiple access points and strong placemaking potential.
- strategic neighbour: opposite empressa hotel / lbs area --- immediate footfall from patrons, students and corporate visitors.
- bankable title: governor's consent simplifies jv structuring and improves lender confidence for project financing.
- flexible deal: owner open to outright sale or jv including mall development --- enabling quick close with the right partner.
ideal development uses
- shopping mall or retail complex (owner's preference)
- anchor supermarket with multi‑tenant retail podium
- mixed‑use commercial with street‑facing retail & office floors above
- quick‑service restaurant/f&b plaza and showroom cluster
- boutique hotel or serviced apartments with retail frontage
commercial advantage & returns rationale
- high visibility + corner positioning = premium rental/retail rates and strong tenant demand.
- dense commuter corridor ensures steady daytime and weekend footfall --- attractive to national and international retailers.
- efficient plot size for a vertical retail/office solution or compact mall concept with basement/structured parking.
suggested transaction options (flexible)
- outright sale at ₦900,000,000 --- immediate acquisition with gov's consent transfer.
- joint venture: landowner contributes land; developer funds and delivers the project --- profit/share model to be negotiated. owner is particularly receptive to mall proposals and experienced retail developers.
- structured options: build‑and‑retain, build‑to‑sell, or revenue share models can be considered to suit investor objectives.
next steps & documentation
- due diligence pack (governor's consent, survey, title docs, site plan) available to qualified parties on execution of an nda and proof of funds/interest.
- site inspections and conceptual meetings by appointment.
- headline commercial proposals invited: outline jv structure, conceptual scheme, funding plan and timeline.
- preferred: experienced retail/mixed‑use developers or institutional buyers with proven delivery track record.
contact
for immediate access to documents, to schedule a site inspection or to submit your purchase/jv proposal,
please contact us with proof of interest/funds. serious and qualified parties only --- this is a rare, closeable opportunity on the lekki‑epe expressway.
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₦900,000,000
The Build Centre Properties
09028190510