A 500 sqm warehouse with office space and reliable 24/7 power in Lekki can be a practical setup for businesses that need storage, order fulfilment and daily distribution without operating from a very large industrial facility.
For e-commerce companies, FMCG distributors, importers, wholesalers and logistics businesses, the combination of warehouse space, administrative offices and dependable electricity can make day-to-day operations easier.
What Can You Use a 500 Sqm Warehouse For?
A 500 sqm warehouse provides enough space for a medium-sized storage and distribution operation when the layout is properly organised.
It can accommodate areas for:
- Product storage
- Receiving and dispatch
- Packing and order fulfilment
- Inventory management
- Staff operations
- Returns processing
- Small-scale distribution
- Office administration
The actual storage capacity will depend on the warehouse layout, racking system, aisles and amount of office space included.
Why 24/7 Power Matters
Reliable power can be particularly valuable for businesses operating throughout the day and night.
It can support:
- Warehouse lighting
- Security systems and CCTV
- Computers and inventory systems
- Internet equipment
- Packaging equipment
- Refrigeration where applicable
- Charging of operational equipment
- Continuous order processing
However, ask exactly what the landlord means by “24/7 power.”
Find out whether it means uninterrupted grid electricity, generator-backed power, a combination of both, or a separate metered arrangement. Also ask whether electricity and diesel costs are included in the rent or charged separately.
Warehouse and Office in One Location
Having an office attached to the warehouse can reduce the need to rent a separate administrative space.
Your warehouse could have dedicated areas for:
- Operations management
- Accounts
- Customer service
- Inventory administration
- Dispatch coordination
- Staff meetings
This can be particularly useful for e-commerce and logistics businesses where warehouse and office teams need to communicate frequently.
How Much Could a 500 Sqm Warehouse Cost in Lekki?
Warehouse pricing in Lekki varies significantly depending on the exact location and specification.
Current listings show smaller warehouse and office properties in Lekki Phase 1 commanding premium rates, while larger facilities around the wider Lekki-Epe corridor can be considerably cheaper per square metre.
For example, a current 323 sqm warehouse with two offices in Lekki Phase 1 is advertised at ₦110,000 per sqm per year, with additional service charges and other fees. (Nigeria Property Centre)
A 330 sqm warehouse with seven office spaces in Lekki Phase 1 is also currently advertised at ₦42 million per year. (InstantWarehouse)
This means a 500 sqm warehouse with offices and reliable power could have a very different asking price depending on whether it is in premium Lekki Phase 1 or further along the Lekki-Epe corridor.
Lekki Phase 1 vs Wider Lekki
Location makes a major difference.
Lekki Phase 1 can be attractive for businesses that need quick access to customers around Lekki, Victoria Island, Ikoyi and nearby commercial areas, but warehouse rents can be considerably higher.
The wider Lekki-Epe, Sangotedo and Ibeju-Lekki corridor can offer larger warehouse options and more industrial-style facilities at different price points.
Current listings include warehouse spaces around Eleganza Industrial City at approximately ₦45,000 per sqm per year, while other facilities in the wider Lekki area are advertised at substantially different rates depending on their specification. (Nigeria Property Centre)
What to Check Before Renting
Before paying for a 500 sqm warehouse, inspect more than the floor area.
Check:
- Actual usable floor space
- Office size
- Ceiling height
- Floor condition
- Loading and unloading area
- Truck access
- Parking
- Security
- Drainage
- Flood risk
- Fire-safety equipment
- Toilets
- Water supply
- Power infrastructure
- Internet connectivity
- Generator arrangements
If your business receives frequent deliveries, make sure delivery vehicles can enter and leave without creating operational problems.
Confirm the 24/7 Power Arrangement
Power should be checked practically rather than accepted as an advertising claim.
Ask:
- What powers the facility?
- Is there a generator?
- What is the generator capacity?
- Is diesel included?
- Is there a separate electricity meter?
- How is power billed?
- What happens during generator maintenance?
- Does the warehouse remain powered overnight?
- Are office areas and warehouse areas covered?
If your business depends heavily on refrigeration, computers or continuous production, these questions become even more important.
Is 500 Sqm Enough for E-Commerce?
For an e-commerce business, 500 sqm can work well if inventory is organised vertically and the warehouse has an efficient picking and packing layout.
You could divide the facility into:
Receiving → Storage → Picking → Packing → Dispatch
Keeping these activities organised can reduce unnecessary movement and make it easier for dispatch staff to process orders.
The location also matters because last-mile delivery time can affect customer experience.
Is It Suitable for FMCG Distribution?
A 500 sqm warehouse can support smaller FMCG distribution operations, particularly when products are moved frequently rather than stored for extremely long periods.
Before renting, check whether the floor can handle your expected inventory weight and whether trucks can access the loading area.
For businesses handling pallets, forklifts or heavy cartons, the warehouse should be inspected specifically for those requirements.
Truck and Delivery Access
Do not judge a Lekki warehouse only by its distance from the expressway.
Check the actual road leading to the property.
Consider:
- Delivery van access
- Medium truck access
- Turning space
- Loading area
- Parking
- Road condition
- Traffic at peak periods
- Restrictions on commercial vehicles
A warehouse that is close to customers but difficult for delivery vehicles to access can increase operating costs.
Warehouse Security
A warehouse containing valuable inventory needs appropriate security arrangements.
Check whether the facility has:
- Perimeter fencing
- Controlled access
- Security personnel
- CCTV
- Security lighting
- Access-control systems
- Secure doors and loading areas
Also establish who is responsible for security and whether the cost is included in the rent or charged separately.
Tribal and Cultural Considerations
Lekki’s business environment includes people from many ethnic and cultural backgrounds.
When dealing with landlords, agents, employees, suppliers and local stakeholders, base important decisions on the property’s documentation, lease terms and operational requirements rather than assumptions about someone’s tribe or background.
Where there are local community requirements, confirm the actual arrangements and document important agreements properly.
Warehouse Logistics With Travo.ng
A warehouse is only one part of the supply chain.
Once inventory is stored in Lekki, you may need regular deliveries to customers, retailers, offices and other locations across Lagos.
Travo.ng can support related delivery, cargo movement, transport coordination and logistics requirements, helping businesses connect warehouse storage with their wider distribution operations.
Questions to Ask Before Signing
Before taking a 500 sqm warehouse with offices and 24/7 power, ask:
- What is the exact annual rent?
- What is included in the rent?
- Is power genuinely available 24/7?
- Who pays for diesel?
- Is there a separate electricity meter?
- What are the service charges?
- Are agency and legal fees applicable?
- How much office space is included?
- Can delivery trucks access the property?
- Is there sufficient parking?
- Is the warehouse flood-prone?
- What security arrangements are provided?
- What is the minimum lease period?
- Are there restrictions on the type of goods stored?
A 500 sqm warehouse can be a strong operational fit when the space, office facilities, power arrangement, access and total occupancy cost all match the needs of the business.
