--- title: "Lekki Phase 1 / VI Extension, Lagos — Class A submarket" description: "Trophy expansion corridor." canonical: https://classa.info/cities/lagos/lekki-phase-1-vi-extension pageType: neighborhood lastUpdated: 2026-04-15T00:00:00.000Z license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)." --- > Lekki Phase 1 / VI Extension is a prime-tier Class A submarket of Lagos with average asking rent around ₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD. ## TL;DR - Trophy expansion corridor. - Prime tier — ~₦60,000/sqm/mo. - Active Class A leasing market with deal flow across major broker desks. # Lekki Phase 1 / VI Extension, Lagos — Class A submarket *Trophy [expansion](/topics/cross-border-expansion) corridor.* · Tier: prime · Avg rent: ₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD ## TL;DR - Trophy expansion corridor. - Prime tier — ~₦60,000/sqm/mo. - Active [Class A](/glossary/class-a) leasing market with deal flow across major broker desks. ## Overview Lekki Phase 1 and the VI Extension anchor Lagos's trophy expansion corridor — newer Class A inventory, deep tech and corporate tenancy, and growing residential catchment. ## Tenant profile Tech, fintech, multinational corporate, professional services. ## Typical specification 15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common. ## Transit Bus only; Light Rail Blue Line extension planned. Multi-modal transit captures the metro's principal professional catchment. ## Amenities The Palms Lekki, Lekki Conservation Centre. ## Comparable buildings - **The Garden City Office** [](https://www.google.com/maps/search/?api=1&query=The%20Garden%20City%20Office%2C%20Plot%209%2C%20Lekki%20Phase%201%2C%20Lagos%2C%20Lekki%20Phase%201%20%2F%20VI%20Extension%2C%20Lagos%2C%20Nigeria&query_place_id=ChIJG3V4Lpv5OxARHSYzxZIHvuU) - **Crown Court** [](https://www.google.com/maps/search/?api=1&query=Crown%20Court%2C%201004%20Estate%2C%20Victoria%20Island%2C%20Lagos%2C%20Lekki%20Phase%201%20%2F%20VI%20Extension%2C%20Lagos%2C%20Nigeria&query_place_id=ChIJISNFkpP1OxARxpeNTJFSUxk) - **Heritage Court** [](https://www.google.com/maps/search/?api=1&query=Heritage%20Court%2C%20Plot%2017%2C%20Block%20100%2C%20Lekki%20Phase%201%2C%20Lagos%2C%20Lekki%20Phase%201%20%2F%20VI%20Extension%2C%20Lagos%2C%20Nigeria&query_place_id=ChIJS-w6QQD1OxAR6On-q2IIA5Y) ## Where Lekki Phase 1 / VI Extension sits in Lagos Lekki Phase 1 / VI Extension is one of 5 Class A submarkets we cover in Lagos, classified as prime tier with an average asking rent around ₦60,000/sqm/mo · ≈ $44.8 PSF/yr USD. Compared with the broader Lagos Class A stock, Lekki Phase 1 / VI Extension typically attracts Tech, fintech, multinational corporate, professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and [amenitisation](/glossary/amenitisation). Adjacent submarkets to study alongside Lekki Phase 1 / VI Extension: [Victoria Island (VI)](/cities/lagos/victoria-island), [Ikoyi](/cities/lagos/ikoyi), [Eko Atlantic City](/cities/lagos/eko-atlantic), [Marina (Lagos Island)](/cities/lagos/marina-lagos-island). The full Lagos submarket atlas is at [/cities/lagos](/cities/lagos). ## Topic deep-dives for Lekki Phase 1 / VI Extension For an institutional Class A occupier evaluating Lekki Phase 1 / VI Extension, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket: - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/rents-and-availability) - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/tenant-profile) - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/transit-and-commute) - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/amenity-and-lifestyle) - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/trophy-and-comparables) - [Lekki Phase 1 / VI Extension — ](/cities/lagos/lekki-phase-1-vi-extension/fit-out-and-spec) ## Related glossary Terminology specific to Lagos Class A leasing and to the prime tier: [Class A](/glossary/class-a), [Trophy asset](/glossary/trophy-asset), [Effective rent](/glossary/effective-rent), [Concession package](/glossary/concession-package), [TI allowance](/glossary/ti-allowance), [Submarket tier](/glossary/submarket-tier). ## Editorial provenance Reviewed by [**Samuel Okafor**](/about/authors/samuel-okafor) — EMEA contributing editor. Last updated 2026-04-15. See our [methodology](/about/methodology) and [editorial standards](/about/editorial-standards). ### Primary sources for this page - [CBRE Marketview reports](https://www.cbre.com/insights) — CBRE - [JLL Office Insight](https://www.jll.com/en/trends-and-insights) — JLL - [Cushman & Wakefield Marketbeat](https://www.cushmanwakefield.com/en/insights) — Cushman & Wakefield - [Savills World Research](https://www.savills.com/research_articles/) — Savills - [Colliers Global Office Outlook](https://www.colliers.com/en/research) — Colliers [Full sources index](/about/sources) · [Submit a correction](/about/corrections) ## Related topics - [**Class A Lease Negotiation**](/topics/class-a-lease-negotiation) — How to negotiate a Class A office lease — the playbook from LOI to signed deal. - [**Hybrid Workplace Strategy**](/topics/hybrid-workplace-strategy) — How to size, structure, and lease a Class A office for a hybrid workforce. - [**ESG / LEED for Tenants**](/topics/esg-leed-tenants) — How tenants evaluate, negotiate, and report on ESG performance in a Class A office lease. - [**Cross-border Expansion**](/topics/cross-border-expansion) — How to run a coordinated Class A office search across multiple geographies. - [**Fit-out Capex**](/topics/fit-out-capex) — How to budget, sequence, and govern Class A office [fit-out](/topics/fit-out-capex)">fit-out capex. - [**Lease vs Flex**](/topics/lease-vs-flex) — When premium flex (coworking, [managed office](/glossary/managed-office)) beats a conventional Class A lease — and vice versa. --- Citation: Source: Class A Atlas (https://classa.info/cities/lagos/lekki-phase-1-vi-extension), updated 2026-04-15T00:00:00.000Z.