Property Description
Current gross annual income (tax inclusive): JPY 16,800,000
Gross yield: 4.60%
Net yield: 4.50%
Property Summary:
A retail building located within the highly popular KEIO Nakadori Shopping Street, an area with heavy pedestrian and vehicle traffic throughout both day and night.
The property benefits from exceptionally strong foot traffic and is well positioned to capture stable demand from a broad customer base.
Currently operated under a single-tenant master lease structure, supporting stable operational performance and income potential.
Renovation works were completed in December 2024, including rooftop and exterior wall waterproofing, as well as exterior repainting.
Building confirmation certificate: No. 1042, dated August 8, 1995.
Property Details
Property Type
Retail
Land Area (SQM)
41.29
Structure
Steel Frame
Layout
N/A
Size (sqm)
97.20
Total Floors of Bldg.
3
Year Built
1996
Total Units in Bldg.
1
Land Rights
Freehold
Parking
None
Bldg Coverage Ratio (%)
80
Last Updated
5/27/26
Terms of Brokerage
Brokerage
Delivery
Negotiable
Floor Area Ratio (%)
500
Next Scheduled Update
6/30/26
Transportation
6 min walk from Mita stn.
9 min walk from Tamachi stn.
Property Location
Shiba 5 chome, Minato Ward,Tokyo