Question 1

How much does commercial property cost in Lagos?

Accepted Answer

Commercial properties in Lagos range from ₦50 million for small office spaces in Ikeja to ₦500 million+ for prime office buildings in Victoria Island. Warehouses range from ₦30-150 million depending on size and location.

Question 2

What is the ROI on commercial property in Lagos?

Accepted Answer

Commercial properties in Lagos offer 10-15% annual rental yields and 15-20% capital appreciation. Prime locations like Victoria Island and Ikoyi command the highest returns with long-term corporate tenants.

Question 3

Which area is best for commercial property in Lagos?

Accepted Answer

Victoria Island is best for corporate offices and retail, Ikeja for industrial/warehouse, and Lekki for mixed-use developments. Each area offers different advantages based on your business needs.

Question 4

Are there off-market commercial properties in Lagos?

Accepted Answer

Yes, approximately 35% of commercial property transactions in Lagos happen off-market. Luxury Properties Ltd has exclusive access to off-market commercial listings including office spaces, warehouses, and retail properties.

Property Type	Price Range	Best Locations
Office Space (100sqm)	₦50M - ₦150M	Victoria Island, Ikoyi
Warehouse (500sqm)	₦30M - ₦80M	Ikeja, Apapa
Retail Space	₦80M - ₦300M	Victoria Island, Lekki
Office Building	₦200M - ₦1B+	Victoria Island, CBD

Commercial Property for Sale Lagos

Commercial Property Prices in Lagos (2026)

Why Invest in Commercial Property in Lagos?

High Rental Yields

Growing Business Hub

Capital Appreciation

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