Whether you’re a logistics operator, manufacturer, importer/exporter, or retailer, securing the right warehouse in Lagos is critical for operational efficiency. This guide outlines current warehouse rental trends, top locations, and practical considerations for businesses seeking industrial space in 2025.
Current Warehouse Rental Market in Lagos
- Total Listings: Over 300 warehouse properties are currently available for rent across Lagos.
- Rental Prices: From as low as ₦500,000/year for small spaces to ₦450 million/year for large industrial compounds.
- Average Price: Approximately ₦20 million/year, depending on location, size, and features.
Sample Warehouse Options (2025)
| Location | Size | Annual Rent | Rate (per sqm) |
|---|---|---|---|
| Orile-Agege | 4,000 sqm | ₦70 million | ₦17,500/sqm |
| Ikeja | 800 sqm | ₦36 million | ₦45,000/sqm |
| Mafoluku, Oshodi | 2,000 sqm | ₦70 million | ₦35,000/sqm |
| Apapa Expressway | 4,880 sqm | ₦171 million | ₦35,000/sqm |
Note: Prices may vary based on features like fenced compounds, loading bays, parking space, and access roads.
Prime Areas for Warehousing in Lagos
- Ikeja & Ogba: Central for mainland logistics with proximity to expressways and industrial hubs.
- Oshodi & Isolo: High-density commercial zones ideal for urban distribution.
- Apapa & Mile 2: Strategic access to ports, good for import/export businesses.
- Lekki Free Trade Zone (FTZ): Modern infrastructure for warehousing, manufacturing, and export processing.
- Snake Island Integrated Free Zone (SIIFZ): Access to seaport, designed for large-scale industrial operations.
Key Factors When Renting a Warehouse
- Location & Accessibility: Proximity to expressways, ports, or business districts.
- Size & Layout: Ensure it fits your cargo type, volume, and operational needs.
- Security: Fenced compounds, guards, and CCTV.
- Facilities: Toilets, water supply, power, loading docks, and parking.
- Zoning & Permits: Check for compliance with Lagos state industrial and environmental laws.
Recommended Platforms to Find Warehouses
- Nigeria Property Centre
- PropertyPro Nigeria
- PropertyAgentsNG
- Travo.ng (for warehouse-integrated logistics support)
These platforms offer verified listings with filter options for size, location, and price range.
Final Thoughts
With Lagos being Nigeria’s commercial engine, warehouse space is in high demand across sectors. Businesses can find affordable options starting from ₦17,500/sqm/year, while premium industrial facilities range above ₦45,000/sqm/year.
Choosing the right location, ensuring zoning compliance, and leveraging platforms like Travo.ng can streamline your operations and boost delivery efficiency.
