Office Space for Rent in Lekki

Office space in Lekki rents from ₦65,000 to ₦190,000 per square metre per annum depending on building grade, location and facilities. Grade A office space in Lekki Phase 1 ranges from ₦70,000 to ₦110,000 per sqm per annum for standard units. Premium open-plan offices with water views command $300 per sqm per annum with $100 per sqm service charge. Serviced and managed offices range from ₦150,000 to ₦170,000 per workstation per month, or ₦4 million to ₦35 million per annum for private offices and showrooms.

Lekki Phase 1 leads Lagos managed office supply, accounting for 18% of the city's total inventory, ahead of Victoria Island, Ikoyi, Ikeja and Yaba. Lagos itself accounts for 69% of Nigeria's managed office supply. Lekki's growth is driven by rising residential development, lower operating costs than the Island, startup and SME activity, and strong lifestyle infrastructure supporting the live-work-play model. Occupancy rates in good locations run at 82–92%.

Grade A office space refers to purpose-built commercial towers with modern lifts, central air conditioning, reliable power, professional facilities management and strong security. Managed office space is a fully serviced, ready-to-use workspace offered on flexible terms — often converted from Grade B or C buildings. Indigenous operators control 91% of Nigeria's managed office supply, creating value through adaptive reuse rather than premium new builds. Managed offices suit SMEs, startups and companies that need lower upfront costs and faster move-ins.

Yes. We have serviced office spaces in Lekki ranging from 23 sqm to 1,039 sqm. Serviced offices include 24/7 power, high-speed internet, professional reception, cleaning and security. Executive suites and co-working desks are available from ₦8,000 per day for shared desks, ₦150,000–₦170,000 per month for individual workstations, and ₦4 million per annum for private office suites. Serviced office space in mall developments starts from ₦3.5 million per annum.

Admiralty Way is the commercial spine of Lekki Phase 1, with the highest concentration of Grade A and managed offices. Fola Osibo and Freedom Way offer premium office addresses. Ikate Elegushi has strong corporate and professional demand with competitive rents. The Lekki Free Trade Zone has 23,182 sqm of completed office space with 45,100 sqm in the pipeline. VGC offers office and showroom combinations from ₦85,000 to ₦100,000 per sqm.

Office occupancy in good Lekki locations runs at 82–92%, according to 2026 market data. Lekki Phase 1 and Ikate record the strongest corporate and professional demand. The Purple Real Estate mixed-use development in Lekki reported its commercial and retail sections at 99% fully leased and operational, with brands including Market Square, Genesis Cinemas, iFitness and VFS Global in occupancy. Demand is driven by indigenous companies in financial services, fintech, IT, real estate and non-profits.

Yes. We offer flexible office solutions including managed offices with rolling monthly terms, co-working desks from ₦8,000 per day, executive suites and turnkey private offices. Almost 80% of managed office occupiers in Lagos are bootstrapped or operated without external funding, making flexible offices the most cost-effective entry point. For standard leases, fit-out periods are negotiable and some landlords offer concessionary terms for anchor tenants.