NIPPON REIT Investment Corporation

Securities code:3296

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A-52 Omiya Center Building

Location 1-9-6 Sakuragi-cho, Omiya-ku, Saitama, Saitama
Access Approximately a 3-minite walk from Omiya station on the JR Lines
Site area 3,542.65㎡
Total floor space 22,216.24㎡ (Note 1)
Structure/Floors Steel-framed reinforced concrete with flat roof,B1/14F
Completion March 1993
Acquisition date July 2, 2015
(Note 1)Including a multi-story parking lot attached to the Building (80.27㎡), while the following building attached to the property is not included in the total floor space.
Building: janitor’s room, Structure: reinforced concrete / 1F, Floor space: 5.81 ㎡(not registered)
(Note 2)
(Note 3)
(Note 4)
(Note 5)
(Note 6)
(Note 7)

Location Characteristics

The Omiya west exit zone, in which Omiya Center building is located, is an office area extending along the west side of the Omiya Station of the JR Lines. As the wide area transportation network including Tohoku, Nagano and Jyoetsu Shinkansen, etc. are available from the station, the concerned zone is positioned as the operational hub of North Kanto region and Jyoshinetsu region. Omiya Center Building is within a 3-minute walk from the
Omiya station of the JR Lines, this proximity to the nearest station and superior access has an appealing power. However, due to it being located slightly away from Mihashichuo-dori street, it is slightly inferior in terms of visibility.

Property Features

As many buildings located in the Omiya west exit zone are small-sized buildings with around 1,000 tsubos of total floor space, the size of Omiya Center Building is greater than that of buildings in the volume zone (zone with largest distribution). In particular, the solicitation power in terms of the standard floor size can be evaluated. However, as the building age is equivalent to that of buildings in the volume zone, the building has standard competitive
advantages in terms of the building age.The building is equipped with a standard level of facilities and specifications which meet the tenants’ needs. Furthermore, the parking lot secures sufficient capacity of 91 units (mechanical and flat lot). In this regard, the building is expected to be rated high mainly from tenants who prioritize car usage.

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