Landlord Name
FCDA Commercial Properties
Tenant Name
Savannah Partners
Property Address
Plot 234, Constitution Avenue, Central Business District, Abuja
Lease Start Date
2026-09-01
Lease End Date
2029-08-31
Lease Term
3 years
Base Rent
₦18,000,000/year
Rent Escalation
6% annually
Security Deposit
₦4,500,000
CAM Charges
₦2,700,000/year
Assignment Clause
Permitted with notice
Termination Clause
3 months written notice
Renewal Option
Two 2-year options at 5% increase
Operating Expenses
Proportionate share (10%)