Location
Kanagawa, Yokohama, 1 Chome Edaminami
Nearest Station
Tsuzuki-fureainooka Station
Walk Time to Station
10 min
Financial
Listing Price
¥388,000,000
Estimated Net Yield
4.54%
Estimated Gross Yield
5.68%
General Information
Year Built
2001
Land Title
Freehold
Property Status
Available
Total Floor Area (sqm)
714.0 sqm
Total Land Area (sqm)
626.5 sqm
Occupancy Status
100% Occupied
Asset Details
Usage Ratio (Residential vs. Commercial)
100% Commercial/Parking
Ground Floor Tenant Type
Stores/Offices
Blended Occupancy Rate
100%
Building Structure
RC
Detailed Information

Investment Overview A rare opportunity to acquire a stabilized, 100% occupied boutique commercial asset in the high-growth Yokohama metropolitan corridor. This 2-story Reinforced Concrete (RC) building, completed in 2001, fully complies with modern Shin-Taishin seismic standards and includes a verified Inspection Certificate (Kenzai-sumi)—a critical requirement for institutional financing and future REIT disposition.

Asset Highlights

  • Strategic Location: Situated in Yokohama’s Tsuzuki-ku, just a 10-minute walk from the municipal Green Line, benefitting from the region’s dense professional demographic and urban migration trends.

  • Title Clarity: 100% Freehold (Shoyuken) land ownership, ensuring long-term capital preservation and unrestricted bundle of rights.

  • Financial Profile: A strong gross yield of 5.68% provides a substantial positive carry spread over local senior debt. The asset is professionally managed, ensuring standardized reporting and transparent operational data.

  • Diversified Income: The mixed-use profile (Retail & Office) features high tenant “stickiness” and benefits from Yokohama’s robust R&D and commercial activity.

Key Data Points

  • Structure: RC 2-Story (Year Built: 2001)

  • Occupancy: 100% (Blended Retail/Office)

  • Price: ¥388,000,000

  • Estimated Net Yield: 4.54% (NOI Basis)