Festac City Mall, Lagos.

₦14,000,000.00 / Starting price.
Year Built: 2021 Stories: 3 Structure Type: Concrete Zip Code: 102311

Introducing FESTAC CITY MALL.

The serviced, 37-shop complex is designed in a modern facade to exhume a sophisticated modern experience in the heart of Festac Town.
The mall presents a variety of premium spaces on 3floors for outright purchase;
34 shop spaces.
A large 150sqm 2nd floor space
A large, double story space of 300sqm on the ground floor.

Facility features:

  • 2 standby generators.
  • Ample parking lot.
  • Multi tier security.
  • POP ceilings, 3.3m high.
  • Ensuite and screeded spaces.
  • Vitrified ceramic floors.
  • All glass facade.

 

The benefits of owning a space here include;

  • Assured appreciation of space
    ROI of 8% minimum annually.
  • Luxury finishing to support prolonged appeal.
  • High visibility as the property is strategically located on one of the busiest roads in Festac Town.

 

Space Pricing:
Outright purchase of

  • N14M for 26sqm 2nd story shops.
  • N15M for 28sqm 1st story shops.
  • Double story space on ground floor and 1st floor selling at 120M or long lease of N15M per annum for 5years minimum.
  • 150sqm space on 2nd floor selling at N60M or long lease of N13M per annum for 5years minimum.
  • *5% commission applies for sales.
    **10% + 10% commission applies for long leases.

Amenities Available

  • Balcony
  • Fenced
  • Fire Alarm
  • Security
  • Serviced

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