Need a Lekki Phase 1 address for your business? Banex Mall has coworking spaces, office suites, and commercial units from ₦14,000 per sqm. Enquire today.
Coworking and Office Space in Lekki Phase 1: Why Serious Businesses Are Moving to Banex Mall
There is a version of running a business in Lagos that involves working from home until the day a client asks for a meeting and you realise you have no professional space to host them.
And there is a different version, the one where your business has a Lekki Phase 1 address, a managed building to work from, and the credibility that comes from being physically present in one of Lagos's most commercially active neighbourhoods.
The second version is now more accessible than most Lekki Phase 1 professionals and SME owners realise.

The Case for a Physical Business Address in Lekki Phase 1
Lekki Phase 1 is not just a residential neighbourhood. It is a commercial address that carries weight in Nigerian professional and corporate circles.
A business that lists Plot 1–10 Akiogun Road, Lekki Phase 1 on its letterhead, its email footer, and its website is communicating something specific about who it is and who its clients are.
This matters in sectors where trust is built through association and presence rather than digital advertising alone: legal services, financial advisory, recruitment, consulting, healthcare, and luxury retail among them.
The challenge has been that Lekki Phase 1 commercial space at a credible address has historically been priced for established businesses rather than growing ones. Banex Mall changes that equation for a specific segment.
What Is Available at Banex Mall for Businesses
Two Commercial Units — Plot 10
A 76.8 square metre unit on the ground floor of Plot 10 and a 118 square metre unit on the second floor are both currently available for lease at ₦14,000 per square metre.
The ground floor unit suits businesses that benefit from walk-in traffic: retail, food service, beauty, tech support, and professional services that depend on discovery as much as appointments.
The second floor unit suits appointment-based businesses, training academies, and operations where a quieter, more contained environment is more productive than ground floor foot traffic.
Both units have access to the full Banex Mall building infrastructure: generator backup across the building, air conditioning, lift and escalator access, parking for over 100 vehicles, and security.
For a 76.8 SQM unit at ₦14,000/SQM, the base calculation is ₦1,075,200 per year before service charges and any negotiated terms. This is a premium Lekki Phase 1 address at a price that works for a growing rather than an established business.
The Aureum Lounge — For Meetings and Events
If your business does not need permanent space but regularly needs a professional environment for meetings, client presentations, team sessions, or brand events, the Aureum Lounge at Banex Mall (Plot 10, upper floors and rooftop) is available for hire.
The indoor lounge section with herringbone wood floors, velvet seating, marble tables, a living green wall, and floor-to-ceiling windows overlooking the rooftop terrace is one of the most professionally impressive meeting and event environments available in the Lekki Phase 1 area. ₦1,000,000 per day for the full space.
The Small Hall — For Training and Workshops
A 30-person hall is available at ₦200,000 per day — the right size for corporate training sessions, product demonstrations, seminars, and small team meetings where a full event hall would be too large and a café meeting too informal.
The Fitness Studio — Hourly
For businesses running wellness programmes, fitness sessions, or group exercise classes for staff or clients, the fitness studio is available from ₦35,000 per hour.
Why Location Inside a Mall Changes the Client Experience
A business meeting at Banex Mall carries advantages beyond the room itself.
Your client parks with ease — over 100 vehicles, free, no ticket. They walk through a managed, clean, well-lit commercial building rather than a standalone street-front office.
Before or after the meeting, they have access to a food court, a pharmacy, a cinema, and 100+ other businesses. The meeting ends and there is a natural next step to the relationship — lunch at one of the food options or a coffee at VMAX365.
This is the ambient professionalism of a well-managed mall that a standalone office building cannot replicate.
Enquire About Commercial Space at Banex Mall
WhatsApp: 09088733388
Address: Plot 10, Banex Mall, Akiogun Road, Opposite Maroko Filling Station, Oniru, Lekki Phase 1, Lagos
Viewings are available during the week. Same-week appointments can be arranged through WhatsApp.
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