Oko Oba, Abule Egba, Agege, Lagos
₦950,000,000
| Property Ref: 3173804 | Added On: 28 Oct 2025 | Last Updated: 06 Nov 2025 |
| Market Status: Available | Type: Commercial Property |
FOR SALE- WATCH VIDEO ABOVE
Mega Filling Station ---
Along Puposhola, AbuleEgba (OkoOba), Lagos
Asking Price
950,000,000 (Nine Hundred and Fifty Million Naira)
Executive Summary
Rare opportunity to acquire a fully equipped, incomeready mega filling station in a hightraffic location along Puposhola, AbuleEgba (OkoOba), Lagos. This turnkey asset combines comprehensive fuel retail infrastructure (multiple pumps and six underground tanks) with a gas plant and two commercial buildings housing a range of ancillary revenue streams (gym, eatery, car wash, salon, studio, bakery and laundry mart). The land and business are supported by a Registered Conveyance title with all relevant documents available for verification. Ideal for strategic investors, petroleum marketers, consortium buyers or corporate buyers seeking a profitable downstream asset in Lagos.
Property & Operational Highlights
- Location: Along Puposhola, AbuleEgba --- OkoOba, Lagos (high vehicular flow and strong retail demand)
- Title: Registered Conveyance with all relevant documents (available for inspection)
- Asking price: 950,000,000 (negotiable to serious buyers)
Fuel & Fuel Handling Infrastructure
- 6 double pumps for PMS (petrol/gasoline) --- multiple dispensing points to serve high throughput
- 1 pump with 2 nozzles for kerosene
- 1 pump with 2 nozzles for diesel
- 6 underground storage tanks --- tank capacities and calibration certificates available on request
- Gas plant on site --- supports LPG/compressed gas operations (details and licensing docs available)
- Fully laidout forecourt and pump canopy to facilitate smooth vehicle circulation and customer flow
Commercial Buildings & Ancillary Businesses
- Two onsite commercial buildings, occupied/fitout ready for retail and services, comprising:
- Gym/fitness centre
- Eatery/fastfood outlet
- Car wash bay and equipment area
- Saloon/beauty parlour
- Studio (for media/photography or rental use)
- Bakery (bakehouse or retail bakery outlet)
- Laundry mart (dropoff/express laundry services)
- These ancillary businesses create multiple streams of nonfuel revenue and increase site footfall, improving overall profitability
Site Features & Benefits
- Turnkey operation: station infrastructure and ancillary units in place --- minimal capex required to continue operations or rebrand
- Multiincome model: fuel retail + gas plant + retail/ service outlets = diversified cash flow and reduced singlestream risk
- Strategic urban location: strong daily traffic volumes, proximity to residential and commercial catchment areas, ideal for repeat customers and fleet business
- Expansion potential: scope for additional retail outlets, convenience store, or automation upgrades subject to site plan and regulatory approvals
Compliance & Documentation
- Registered Conveyance in place --- all relevant transfer, land and operational documents are available
- Safety, environmental and regulatory certificates (tank calibration, fire safety, environmental impact/clearance, and regulatory permits) can be made available for review by serious buyers --- recommended that buyers confirm current status and any renewals required prior to closing
Who should buy
- Petroleum marketers seeking immediate market presence in a prime Lagos corridor
- Institutional investors and consortiums looking for stable downstream assets with diversified income streams
- Developers or mixeduse operators who want a commercial hub combining fuel retail and complementary retail/service offerings
Due Diligence Checklist (provided to serious buyers)
- Inspection of Registered Conveyance and all land titles/chain of ownership documents
- Review of regulatory permits and licences for fuel retail and gas plant operations
- Tank capacity records, calibration certificates and leaktest/environmental compliance reports
- Fire safety certificates, HSE reports and waste management/environmental permits
- Existing financials (if station is trading) --- revenue, fuel throughput, ancillary business income, operating costs and staff records
- Site survey, building plans and utility connections (power, water, drainage)
- Any outstanding statutory liabilities, taxes or local government charges
Price, Terms & Next Steps
- Asking price: 950,000,000 --- serious and qualified buyers only
- Preferred terms: cash or structured corporate financing; vendor is open to discussion with credible investors/companies
- Inspections and document reviews will be arranged for accredited buyers and their solicitors/agents after an NDA and proof of funds/interest
Note
This listing is intended to provide an accurate overview of the asset. Prospective buyers are advised to conduct full technical, legal and environmental due diligence prior to purchase. Detailed technical specifications, operating records and licences will be shared with genuinely interested and prequalified parties.
Ref: Efosa
