NIPPON REIT Investment Corporation

Securities code:3296

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A-33 FORECAST Takadanobaba

Location 3-28-2, Takada, Toshima-ku, Tokyo
Access Approximately a 6-minute walk from Takadanobaba Station on the JR Yamanote Line and the Tokyo Metro Tozai Line
Site area 2,099.82㎡
Total floor space 7,496.30㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,B1/6F
Completion January 1986
Acquisition date February 12, 2015

Location Characteristics

The Takadanobaba zone is an area that expands to the east and west from JR Takadanobaba Station, and mainly consists of restaurants and retail shops with a mixture of office buildings.
FORECAST Takadanobaba is located in the northern side of the Takadanobaba zone. In addition to mid-class (around 1,000 tsubos to 3,000 tsubos) rental office buildings scattered along Shin-Mejiro-Dori Street, not only rental office buildings but headquarters of listed companies, etc. are also located in the area, resulting in the area providing a strong atmosphere of an office district.

Property Features

FORECAST Takadanobaba is around a 6-minute walk from Takadanobaba Station on the JR Yamanote Line and the Tokyo Metro Tozai Line, and is located along Shin-Mejiro-Dori Street. Being located within walking distance from Takadanobaba Station and facing the main street, the building is highly visible. In addition, it also has superior access convenience for cars as it has easy accessibility to Shin-Mejiro-Dori Street, a bypass highway.
FORECAST Takadanobaba is categorized as a mid-sized building as it has total floor space of approximately 2,300 tsubos and a standard floor area of around 280 tsubos. As many office buildings located in the Takadanobaba zone are small-sized buildings with less than 1,000 tsubos of total floor space, the size of FORECAST Takadanobaba is greater than that of buildings in the volume zone (zone with largest distribution). The large standard floor area especially tends to exert solicitation power of scale, and the building is expected to be highly evaluated for its size in the concerned zone.
Although it was built many years ago, the level of facility specifications is relatively high. In addition, it maintains competitiveness through renewal and adopted a spot network power receiving system from the viewpoint of business continuity. As such, it can be said that the building is equipped with facilities likely to be sought by tenants in spite of its age. It has a parking lot for as many as 13 units.

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