Riverside Office Park - Lease Agreement

Commercial LeasereviewedRisk: 7/10

Landlord Name

Riverside Properties LLC

Tenant Name

Acme Corporation

Property Address

123 Riverside Drive, Suite 400, Lagos, Nigeria

Lease Start Date

2026-07-01

Lease End Date

2031-06-30

Lease Term

5 years

Base Rent

₦15,000,000/year

Rent Escalation

8% annually

Security Deposit

₦5,000,000

CAM Charges

₦2,400,000/year

Assignment Clause

Landlord consent required

Termination Clause

6 months written notice

Renewal Option

Two 3-year options at market rate

Operating Expenses

Tenant pays proportionate share (15%)