NIPPON REIT Investment Corporation

Securities code:3296

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A-45 Toranomon Sakura Buildung

Location 3-22-1 Toranomon, Minato-ku, Tokyo
Access Approximately a 5-minute walk from Onarimon station on the Toei Mita Line and Kamiyacho station on the Tokyo Metro Hibiya Line
Site area 1,065.35㎡
Total floor space 4,204.40㎡
Structure/Floors Reinforced concrete structure with flat roof ,6F
Completion July 1983
Acquisition date July 2, 2015

Location Characteristics

The Toranomon zone is an area spreads along the east and west side of Sakurada-Dori street which runs in the north-south direction from Toranomon station on the Tokyo Metro Giza Line on the north side to Kamiyacho station on the Tokyo Metro Hibiya Line on the south side. The nearest station is Onarimon station on the Toei Subway Mita Line and Kamiyacho station on the Tokyo Metro Hibiya Line as it is located in the southeastern area of the zone. In addition to a large building (Atago Green Hills Mori Tower), 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 building, development of office buildings has progressed in recent years near 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

Toranomon Sakura Building is located a 5-minute walk from Onarimon station on the Toei Mita Line and Kamiyacho station on the Tokyo Metro Hibiya Line. This building’s total floor space is around 1,000 tsubos and the standard floor area is around 185 tsubos, so it is categolized as a mid-sized building. As many office buildings in the Toranomon zone are small-sized buildings with less than 1,000 tsubos of total floor space, the building size is greater than that of buildings in the volume zone (zone with the largest distribution). Especially, the large standard floor area tends to exert solicitation power of scale. The building is equipped with a standard level of specifications and although the building age is around 32 years old, it satisfies new earthquake resistance standards. Furthermore, the property maintains the competitiveness as it underwent the large-scale renovation work including exterior, interior, air conditioning system and restrooms in 2008.

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