NIPPON REIT Investment Corporation

Securities code:3296

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A-34 Mejiro NT Building

Location 2-1-1, Mejiro, Toshima-ku, Tokyo
Access Approximately a 2-minute walk from Zoshigaya Station on the Tokyo Metro Fukutoshin Line
Site area 1,197.40㎡ (Note 1)
Total floor space 6,315.72㎡
Structure/Floors Steel-framed reinforced concrete with flat roof,B1/7F
Completion July 1990
Acquisition date February 12, 2015
(Note 1)Including a private road burden portion (approximately 1.72 m2) pursuant to Article 42, Paragraph 2 of the Building Standards Act.
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Location Characteristics

The target property is located in an area spreading out in the southern part of the Ikebukuro Station East Exit zone and the nearest stations are Zoshigaya Station on the Tokyo Metro Fukutoshin Line and Mejiro Station on the JR Yamanote Line. The Zoshigaya Station on the Tokyo Metro Fukutoshin Line is a relatively new station opened in 2008 and the train route’s access convenience has improved dramatically in recent years as the mutual connection service between Tokyo Metro Fukutoshin Line and Tokyu Toyoko Line was started in 2013. Within the area, Gakushuin University, which has a vast site centering around Zoshigaya Station, and a quiet residential district spread out. Thus, it has both the convenience of being directly connected to central Tokyo and a composed environment.

Property Features

Mejiro NT Building is located approximately a 2-minute walk from Zoshigaya Station on the Tokyo Metro Fukutoshin Line, near where Meiji-Dori Street and Mejiro-Dori Street intersect. Although it’s far from JR Mejiro Station and has a low concentration of office buildings, it’s near to Zoshigaya Station and believed to have certain solicitation power over tenants who focus on image of location or car use.
Mejiro NT Building has a total floor space of around 2,000 tsubos and a standard floor area of 230 tsubos, so it is categorized as a mid-sized building. Mejiro NT Building’s size is greater than that of buildings in the volume zone (zone with largest distribution) of the concerned area as many of the office buildings located in the Ikebukuro Station East Exit zone are small-sized buildings. Its standard floor area also has a size superior to that in the volume zone (zone with largest distribution) as well as in terms of its total floor space. Thus, the target property’s size is expected to be given a good evaluation among office buildings within the area.
The building is equipped with standard specifications that meet tenant needs.
It has a parking lot for as many as 32 units (mechanical and flat lot).

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