NIPPON REIT Investment Corporation

Securities code:3296

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A-17 Shibakoen Sanchome Building

Location 3-1-38, Shibakoen, Minato-ku, Tokyo
Access Approximately a 5-minute walk from Onarimon Station on the Toei Subway Mita Line and Kamiyacho Station on the Tokyo Metro Hibiya Line
Site area 2,876.99㎡
Total floor space 8,855.23㎡
Structure/Floors Reinforced concrete structure with flat roof ,6F
Completion June 1981
Acquisition date February 12, 2015

Location Characteristics

The Hamamatsucho/Shibakoen zone is an area extending mainly along the west side of the Hamamatsucho Station on the JR Yamanote and Keihin-Tohoku Lines. The nearest stations to the Shibakoen Sanchome Building are Onarimon Station on the Toei Subway Mita Line and Kamiyacho Station on the Tokyo Metro Hibiya Line, as it is located in the northwestern area of the Hamamatsucho/Shibakoen zone. In addition to large buildings, hotels and embassies, the surrounding area has cultural facilities such as Atago Shrine, Seishoji Temple and Zojoji Temple and green space in a park (Shibakoen), producing a composed atmosphere for an office district. Furthermore, in areas surrounding the Shibakoen Sanchome Building, development of office buildings has progressed in recent years near the Onarimon Station on the Toei Subway Mita Line and Kamiyacho Station on the Tokyo Metro Hibiya Line, the nearest stations to the Property, thus further improvement in concentration of office buildings and prosperity can be expected.

Property Features

The Shibakoen Sanchome Building is approximately a 5-minute walk from Onarimon Station on the Toei Subway Mita Line and Kamiyacho Station on the Tokyo Metro Hibiya Line. Although it is located a bit back from the main street, it features excellent views as it stands on a hill.
The Shibakoen Sanchome Building’s total floor space is around 2,700 tsubos so it is categorized as a mid-sized building. However, the standard floor area is approximately 420 tsubos, boasting the scale similar to a large-sized building.
As many office buildings located in the Hamamatsucho/Shibakoen zone are small-sized buildings with less than 1,000 tsubos of total floor space, the Shibakoen Sanchome Building’s size is greater than that of buildings in the volume zone (zone with largest distribution). Therefore, its solicitation power in terms of scale can be highly evaluated.

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