1000sqm Serviced Light Industrial Plot

Property Ref : 1787677

Industrial land for sale

Alaro City, Lekki Free Trade Zone, Lekki, Lagos

$185

Features

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Conceived on 2,000 hectares of land, Alr City is one of the fastest-growing real estate and urban developments in Nigeria

Alr City has:
Asphalt and industrial-grade roads (including an 8-lane, 60-meter-wide boulevard which is one of the largest privately owned roads in Africa),
24-hour electricity via our privately owned IPP
dedicated water reticulation systems, drain
sewage
ICT.

Tax Incentives and Cost Savings: One of the primary advantages of operating within Alr City is the attractive tax incentives and cost savings it offers i.e. exemption from Corporate Income Tax (CIT) (i.e., up to 30%),
Value Added Tax (VAT) (i.e., 7.5%), Withholding Tax (WHT) (i.e., 10%),
as well as waivers on import, export and other custom duties,
no restrictions on expatriate quotas, ease of repatriation of funds offshore; amongst others.

As a business, you can enjoy streamlined administrative processes, these benefits directly contribute to enhancing your bottom line, enabling you to reinvest in growth initiatives and increase profitability.

Enhanced Trade and Market Access: Alr City acts as a gateway to a vast market of over 200 million people. Being the only part of the Lekki Free Zone with direct access to the Lekki Epe expressway, establishing your presence within Alr City gives preferential access to the Nigerian market and other regional markets within Africa. This strategic positioning opens up new avenues for expansion and enables you to tap into the continent's rapid economic growth.

Regulatory Support and Investor-Friendly Policies: Alr City has a fully functional one-stop-shop which houses all relevant Government agencies necessary for the smooth operations of the Zone. This one-stop administrative center engenders speedy processing of all applications, reduces investor-government agency engagements and eliminates multi-layered government interactions.

Additionally, there are key value drivers and supporting infrastructure in and around the Lekki Free Zone which contribute to our unique propositions.

These are:
The Lekki Deep Sea Port: The sea port was commissioned in February, 2023 by the President of the Federal Republic of Nigeria
Alr City is a 40-minute drive from the port, which makes for ease of transportation from the port to other parts of Nigeria and neighbouring countries.
The Lekki International airport is located opposite Alr City and sits on 3,500 hectares of land. The airport will be designed to handle approximately 5 million passengers per annum
The Dangote refinery, located in the south-east quadrant of the Lekki Free Zone, was commissioned in May of 2023. The fertilizer plant commenced operations since January of 2022.

We have plot ranging from 1000sqm upwards

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