Retail Building + Land
Shirokanedai, Minato-ku, Tokyo
500,000,000 Yen
 ABOUT

This is a retail investment property comprising two separate buildings on one block of freehold land in the Shirokanedai neighbourhood. It is located 50 meters behind the tree and boutique-lined Platinum Avenue.

The current gross rental income for this property is 1,030,000 Yen/month, resulting in a gross yield of approximately 2.47%. If both buildings were fully rented, the estimated gross rental income would be 1,630,000 Yen/month, resulting in a potential gross yield of around 3.91%. (Yield and rent estimates are provided as a guide only and are not a guarantee of achievable rents and yields now or in the future).

The current tenants include an Italian restaurant, sushi restaurant and apparel company.

 

Building 1:

  • Building size: 216.29 sqm (B1F: 57.08 sqm; 1F: 53.80 sqm; 2F: 27.56 sqm; 3F: 47.85 sqm)
  • Construction: 3-storeys + 1 Basement, Reinforced concrete
  • Status: Fully rented
  • Rent: 1,030,000 Yen/month

Building 2:

  • Building size: 130.34 sqm (1F: 54.06 sqm; 2F: 48.97 sqm; 3F: 27.31 sqm)
  • Construction: 3-storeys; Reinforced concrete
  • Status: Vacant
  • Rent: Estimated potential rent of up to 600,000 Yen/month

The land is zoned as a Category I Mid/High-rise oriented residential zone.

 LOCATION
Address: Transport:
  Shirokanedai 5 Chome, Minato-ku, Tokyo
  • Shirokanedai Station – 4 min walk
    (Namboku, Mita Lines)
Area Guide:
  • Platinum Avenue: 50 meters
  • Institute for Nature Study: 350 meters
  • Teien Art Museum: 400 meters
  • Happo-en: 600 meters
 Floorplan

Not available

 Details
Type: Retail Building + Land
Land size (Registered): 248 sqm (Freehold)
Building size (Registered): (1) 216.29 sqm (2,327 sq.ft)
(2) 130.34 sqm (1,402 sq.ft)
Construction: (1) 3-storey + 1 Basement, Reinforced concrete
(2) 3-storey, Reinforced concrete
Built: (1) July 2002
(2) July 2002
Road: 4.4m wide ward road on north-east side
Road frontage:
Zoning: Category I Mid/High-Rise Oriented Residential Zone.
Building footprint ratio:
(kenpeiritsu)
60%
Floor area ratio:
(yosekiritsu)
300% (May be lower due to road width)
Status: (1) Fully rented for 1,030,000 Yen/month
(2) Vacant (estimated rent of approx. 600,000 Yen/month)
Annual gross rent (current): 12,360,000 Yen
Annual estimated costs:
Gross yield (current): 2.47%
*Gross rent and yield is based on current occupancy. Gross rent and yield cannot be guaranteed now or in the future.
*No elevator.
*Quasi-fireproof area.
*24-meter height control district.
Last updated: January 10, 2017. Next update (scheduled): January 25, 2017.

For more details on this property, please fill in the inquiry form below:






*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.

Transaction type: Brokerage.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
All care has been taken in preparing this floor plan, however the accuracy is not guaranteed and no liability will be accepted for any reliance placed upon it. In the event of any conflict between the floor plan and actual conditions, the latter shall prevail. Dimensions are approximate.