NIPPON REIT Investment Corporation

Securities code:3296

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C-1 Otakibashi Pacifica Building

Location 7-10-18, Nishi-shinjyuku,
Shinjyuku-ku, Tokyo
Access Approximately a 5-minute walk from JR Shinjuku Station
Site area 217.53㎡
Total floor space 1,528.45㎡
Structure/Floors Steel-framed・Steel-framed reinforced concrete with flat roof, B1/9F
Completion October 2008
Acquisition date March 12, 2015

Location Characteristics

Shinjuku Station, the station within walking distance from the Otakibashi Pacifica Building, is the largest terminal station with the largest number of passengers utilizing it in Japan. The surrounding areas are crowded with men and women of all ages including tourists and shoppers in addition to office workers everyday as the largest thriving town in Japan.
Offices and vocational schools are located in the area where the Otakibashi Pacifica Building is situated and the Otakibashi-Dori Street has heavy pedestrian traffic mainly by students and office workers for small- and mid-sized companies. Thus, the location can be said to be suitable especially for restaurants and service businesses.

Property Features

The Otakibashi Pacifica Building is located approximately a 5-minute walk northwest of JR Shinjuku Station and along Otakibashi-Dori Street which leads to Okubo area. The building is visible from hinjuku-O-Guard-Nishi intersection, where the street intersects with Ome-Kaido Avenue, and there is heavy pedestrian traffic in the surroundings whether in daytime or nighttime or on weekdays or eekends. The nearest station is Shinjuku-Nishiguchi Station on the Toei Subway Oedo Line, and one of its exits is almost across the street from the Property.
There is a station on the Seibu Shinjuku Line as well, on the east side across the rail tracks of the JR lines.The Otakibashi Pacifica Building faces Otakibashi-Dori Street and has a certain level of isibility. When viewed closely, the building is decorated with wood-tone louvers, and the creative design not seen in the surroundings catches people’s eyes. It is a relatively new restaurant building facing Otakibashi-Dori Street having scarcity value.

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