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