Nishihara 3 Chome Building

¥480,000,000

Gross yield: 3.5%

Land & Building  | Building size: 304.37 sqm (3,275 sq.ft)
Nishihara, Shibuya-ku, Tokyo


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ABOUT

This is a 4-story + 1 basement reinforced concrete office building located a 3-minute walk from Yoyogi Uehara Station. The building was built in 1995.

The building sits on a corner lot of freehold land in a Category 1 Residential Zone. This zone is designated to protect the residential environment. The permitted buildings include shops, offices and hotel buildings with a floor area of up to 3,000m2.

The building has five tenant spaces, and is fully leased with an annual gross rental income of approximately 16,800,000 Yen.

Notes:

  • No elevator
  • Large-scale repairs and maintenance were carried out in 2018.

Floors and rental status:

B1FOfficeLeased for 225,000 Yen/month
1FOfficeLeased for 365,000 Yen/month
2FOfficeLeased for 315,000 Yen/month
3FOfficeLeased for 295,000 Yen/month
4FOfficeLeased for 200,000 Yen/month

LOCATION

Nishihara 3 Chome, Shibuya-ku, Tokyo

Yoyogi Uehara Station – 3 min walk
(Chiyoda, Odakyu Odawara Lines)


  • 7-Eleven Yoyogi Uehara Ekimae: 260 meters

FLOOR PLAN

DETAILS

Type: Retail and office building & Land
Building name: Yoyogi Uehara Pd Building
Price: 480,000,000 Yen (incl. consumption tax)
Built: May 1995
Construction: 4-story + 1 basement, Reinforced concrete
Construction company:
Land size (registered): 115.96 sqm (1,248 sq.ft)
Building size: 304.37 sqm (3,275 sq.ft)
Setback:
Land rights: Freehold
Road: Approx. 5.4-meter wide public road on north side; approx. 2.7-meter wide private road on west side
Road frontage:
Zoning: Category 1 Residential Zone
Building footprint ratio: 60%
Building floor-area ratio: 300%
Status: Fully leased
Delivery: To be negotiated
Transaction type: Brokerage
Brokerage fee: 3% + 60,000 Yen + consumption tax, charged to buyer.
*Please understand that inspection of tenanted spaces may not be possible before or after purchase while leased to tenants. Lease terms and conditions are transferred to buyer upon purchase. Future rents, occupancy, and yields are not guaranteed and are subject to change.*Registered sizes may be different from measured sizes.
*No elevator.
*Sale price is inclusive of consumption tax.
Last updated: December 2, 2022. Next update (scheduled): December 16, 2022.

MAKE AN INQUIRY

To inquire about this property please fill in the 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.

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.