- Tokyo Metropolitan Areas
|Anticipated Acquisition Price||3,330 million yen|
|Appraised Value||3,460 million yen|
|Appraised NOI Yield||4.7%|
|NOI Yield after Depreciation||4.2%|
|Address||2-20-15 Nishiwaseda, Shinjuku-ku, Tokyo|
|Access||Close to “Nishiwaseda”
Approx. 6 minutes walk from “Takadanobaba” Station
|Leasable Floor Area||3,691.34㎡|
With "Nishiwaseda" Station on the Tokyo Metro Fukutoshin Line on its doorstep and "Takadanobaba" Station on the Tokyo Metro Tozai Line approximately 6 minutes walk away, "Takadanobaba" Station on the JR Yamanote Line and Seibu Shinjuku Line approximately 9 minutes walk away all at its disposal, this property offers excellent access to Ikebukuro, Shinjuku-sanchome, Shibuya, Otemachi and other major areas in the heart of Tokyo city via any of these stations. The property is a high-rise office building with residential spaces completed in 1994. Although a certain amount of time has passed since it was first built, equipped with facilities including individual air-conditioning, etc., it offers office functionality which meets the needs of standard tenants. In addition, as the property has excellent access to travel services and links and faces the main road and in addition has its own parking spaces, the property will be attractive to tenants, etc. using company vehicles, etc..
The area surrounding the property is a mix of commercial and residential area with mid-to-high-rise condominiums and office buildings as well as low-rise stores. Being that is located in close proximity to Waseda University and other universities, its has a peaceful atmosphere and there is relatively large number of residential properties and offices.