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M-4 ShinKiba

  • Tokyo
  • over 10,000㎡ Less than 30,000㎡
  • Single
Location 2-5-2 Shin-kiba, Koto-ku, Tokyo
Site Area 5,798.90 m2
Total leasable area 11,595.40 m2
Structure/Floors Steel-frame structure, copper roof, 6 stories
Completed March 15, 1993
Acquisition Date Sep. 22, 2005
Acquisition Price 2,454 million yen
No. of Tenants 1
Major Tenants Nakano Shokai Co, Ltd.

Income(Loss) from Real Estate Leasing Business

(million yen)

The 25th Period The 26th Period The 27th Period The 28th Period The 29th Period
Real estate leasing business revenue 非開示* 非開示* 非開示* 非開示* 非開示*
Real estate leasing business expenses 非開示* 非開示* 非開示* 非開示* 非開示*
NOI 76 72 74 77 72
Depreciation 14 14 14 14 14
Loss on Write-offs of noncurrect assets 0 - - 0
Income(loss) from real estate leasing business 61 57 59 63 57
CAPEX 10 - - 1 3
Book Value 2,227 2,212 2,197 2,184 2,172
Appraisal Value 3,780 3,680 3,710 3,710 3,700
* Not disclosed, for unable to obtain the tenant’s consent.

Location Profile

The property is located in Shin-Kiba in southeast Tokyo, approximately 1.3km from the Shin-Kiba ramp of the Metropolitan Expressway and roughly 13km from Tokyo Port (Oi Pier) on Tokyo Bay. In addition to its proximity to a major commercial hub and an international gateway, it boasts superior access to road transportation, and the vicinity is well-suited to conducting logistics business.

Facility Profile

With a standard ceiling height of 5.5m and standard floor load of 1.5 tons per m2, the property can provide sufficient space to meet both flow- and stock-type demand. Two cargo elevators (4.5 ton load capacity) and three vertical lifts (1 ton per pallet) also assure speedy cargo transfer within the facility.

Press Release


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