NIPPON REIT Investment Corporation

Securities code:3296



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Location 3-32-6, Sakae, Naka-ku, Nagoya, Aichi
Access Approximately a 3 minute-walk from Yabacho station on the Nagoya Municipal Subway Meijo Line
Site area 885.02㎡
Total floor space 7,440.93㎡
Structure/Floors Steel-framed flat roof, B1/10F
Completion August 2005
Acquisition date July 3, 2018

Location Characteristics

The property is located in “Sakae area” in which many retail properties are concentrated. It is an approximately 3 minute-walk from Yabacho station on the Nagoya Municipal Subway Meijo Line, with easy access and excellent visibility. There are large retail properties adjacent to the property, however, the property’s strength is that it is divided well among tenants and each retail property attracts customers. The property is expected to attract many types of businesses because of its excellent location.

Property Features

Basement of the property is parking and from first floor to 10th floor are retail, it has 2 entrances at north and south of the properties. Main entrance is located between Hisayaodori-avenue and Otsudori-avenue, sub-entrance and gate to the parking are located on Wakamiyaodori-avenue. Furthermore, at the main entrance independent of the first floor is secured because entrance for the first floor is separated from the one for the above second floor. Although deterioration due to aging is recognized, building and equipment are managed well by the building manager.


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