NIPPON REIT Investment Corporation

Securities code:3296

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B-17 Dormy Kitaakabane

Location 1-14-15, Akabane-kita, Kita-ku, Tokyo
Access Approximately a 5-minute walk from the Kitaakabane station on the JR Saikyo Line
Site area 991.35㎡
Total floor space 2,075.47㎡
Structure/Floors Steel-framed reinforced concrete with flat roof, 6F
Completion March 1997
Acquisition date July 3, 2018

Location Characteristics

Walking distance to the closest station, Kitaakabane station on the JR Saikyo Line. Located in favorable area in terms of traffic and living convenience with retail stores and other convenient facilities nearby.

Surrounding Environment and Property Features

Property is well maintained with sufficient competitiveness compared to neighboring competitors. It operates stably as a wholesale leasing apartment, and is expected to continue stable operation in consideration of rental standards. Even though the tenant moves out, it is considered that the possibility of revenue decrease is limited due to aforementioned rental standards.

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