Joint Venture Property in Nigeria

***request for a direct jv partner*** **no agents*** project profile: commercial development at bank anthony way, ikeja executive summary this project profile outlines an exciting opportunity for joint venture (jv) partnership in the commercial development of a strategically located block of shops at bank anthony way, ikeja, lagos. the proposed development consists of five floors, with nine shops on each floor, catering to the bustling trade in one of lagos's most lucrative business districts. the project aims to leverage the high foot traffic, commercial existence and infrastructure of the area to create a fantastically thriving business environment. project overview project name: johnson plaza (bank anthony way commercial development) facilitators: the build centre properties ltd solicitors: sunny igoh & associates location: bank anthony way, ikeja, lagos, nigeria land size: 600 sqm land value: ₦650 million premium: 10% development structure - total floors: 5 - shops per floor: 9 - total shops: 45 - facilities: each shop will be equipped with its own toilet, enhancing convenience for tenants and customers. market analysis location advantage bank anthony way is renowned for its vibrant market, particularly in the commercial, automotive parts and i.t.sector, making it an ideal location for retail businesses. the area experiences significant foot traffic, which is crucial for retail success. the proximity to major roads and transportation hubs further enhances accessibility for both customers and suppliers. target market the target market for this sector are - wholesalers & retailers - service providers - general consumers sharing formula: 50/50 the proposed sharing formula for the joint venture partnership is 50/50. this equitable distribution reflects the collaborative nature of the project and the shared risks and rewards associated with commercial development. project development plan timeline: 24 mths (maximum time) the project is expected to follow a structured timeline: construction details - architectural design: modern and functional design to attract high-quality tenants. - materials: use of durable and sustainable building materials to ensure longevity and reduce maintenance costs. - compliance: adherence to local building codes and regulations to ensure safety and quality. summary: the proposed commercial development at bank anthony way, ikeja, presents a unique opportunity for a joint venture partnership. with its prime location, robust market demand, and a solid development plan, this project promises significant returns on investment. we invite potential partners to consider this lucrative opportunity and join us in bringing this vision to fruition. for further discussions and inquiries, please contact: the build centre properties ltd solicitors; sunny igoh & associates we look forward to the possibility of collaborating on this exciting ventu...