Location: Olokonla, Sangotedo, Lagos
📐 Land Size: 680 sqm
💰 Land Value: ₦350 Million
📄 Title: Governor’s Consent
🏗️ Proposed Development: Commercial Mall
💸 Premium: Nil
🤝 Sharing Ratio: 60/40 (Developer/Landowner)
💼 Facilitator’s Fee: 10% of net value
🌇 Project Overview
We present a prime commercial joint venture (JV) opportunity along the Lekki-Epe Expressway, one of Lagos’s busiest and fastest-growing commercial corridors.
The property is strategically positioned for high visibility and foot traffic, making it ideal for a mall or mixed-use commercial development.
The JV allows developers to leverage the landowner’s prime location while retaining the flexibility to design a modern, high-yield commercial property.
🏗️ Proposed Development Concept
The landowner seeks a professional developer to execute a commercial mall project, offering opportunities for:
- Retail outlets and showrooms
- Office spaces or co-working hubs
- Restaurants, cafes, or leisure facilities
- Modern parking and security amenities
Developer Flexibility: While the proposal targets a commercial mall, developers may submit alternative high-yield commercial concepts to maximize ROI.
📊 Financial Snapshot
| Item | Description |
|---|---|
| Land Size | 680 sqm |
| Land Value | ₦350 Million |
| Proposed Development | Commercial Mall |
| Premium | Nil |
| Sharing Formula | 60/40 (Developer / Landowner) |
| Facilitator’s Fee | 10% of net value |
| Potential ROI | High, based on prime expressway frontage and commercial demand |
🧾 Developer Requirements
The landowner is looking for a credible and experienced developer with:
- Proven record of completed commercial or mixed-use projects
- Capacity to finance, design, and deliver a high-quality project
- Strong project management and marketing expertise
Required Documents:
- Letter of Intent (LOI) – Expressing interest in the JV
- Company Profile – Demonstrating completed or ongoing projects
- Project Proposal – Detailed plan with design concept and financial forecast
🌍 Why Invest in Olokonla, Sangotedo?
- Strategic Expressway Location: Direct frontage on Lekki-Epe Expressway ensures high visibility and customer access
- Growing Commercial Hub: Sangotedo is rapidly developing with residential and commercial influx
- Strong ROI Potential: Prime commercial property in a high-demand corridor
- No Premium Required: Allows developers to maximize capital allocation for construction and marketing
🤝 JV Structure & Terms
- Landowner Contribution: Land as equity
- Developer Contribution: Capital, technical expertise, and construction management
- Profit Sharing: 60/40 (Developer/Landowner)
- Premium: Nil
- Facilitator Fee: 10% of net value
This structure ensures a mutually beneficial partnership with high revenue potential.
📞 Contact & Next Steps
Serious developers or investors interested in this Olokonla JV opportunity are invited to submit their:
- Letter of Intent (LOI)
- Company Profile
- Project Proposal
📱 Phone/WhatsApp: 08034139285
🔑 Summary Table
| Details | Description |
|---|---|
| Location | Olokonla, Sangotedo, Lagos |
| Land Size | 680 sqm |
| Land Value | ₦350 Million |
| Proposed Development | Commercial Mall |
| Premium | Nil |
| Sharing Formula | 60/40 (Developer / Landowner) |
| Facilitator Fee | 10% |
| Required Documents | LOI, Company Profile, Project Proposal |
🏁 Conclusion
This is a rare commercial JV opportunity along Lekki-Epe Expressway, ideal for developers seeking high-yield projects in a prime Lagos corridor.
With no premium required, flexible profit-sharing, and prime expressway frontage, this JV provides the perfect balance of location, visibility, and profitability.
👉 Contact us today to submit your proposal or schedule a site inspection. Only verified developers will be considered.