Prime Warehouse - 68,000 Sqft (6,317 Sqm)

Property Ref : 3069490

Warehouse for rent

Ogba, Ikeja, Lagos

₦40,000 per square foot / per annum

Features

Prime Warehouse For Lease in Ogba - 68,000 SqFt (6,317 SQM) N40,000/SqFt

Description:
Discover an exceptional logistics and storage solution with this massive, well-situated warehouse facility in the industrial heart of Ogba. Spanning a vast 68,000 square feet (approximately 6,317 square meters), this property is ideal for manufacturing, distribution, large-scale retail, or as a flagship depot.

The space offers high ceilings, easy access for heavy-duty vehicles, and a robust structure suitable for various industrial applications. Its strategic location in Ogba ensures excellent connectivity to major roads and highways, facilitating seamless distribution across Lagos and beyond.

This is a rare opportunity to secure a high-caliber industrial asset in a key logistics corridor.

Lease Offer & Key Financial Terms:

Lease Rate: 40,000.00 (Forty Thousand Naira Only) per Square Foot. This is a NET rate, exclusive of all taxes and charges.

Total Annual Rent: 2,720,000,000 (Two Billion, Seven Hundred and Twenty Million Naira).

Refundable Security Deposit: 10% of the annual rent (272,000,000) is required upfront and is fully refundable at the end of the lease term, subject to property conditions.

Legal Fees: Payable by the Tenant, calculated at 5% of the total annual rent plus VAT.

Agency Fees: Payable by the Tenant, calculated at 10% of the total annual rent plus VAT.

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