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M-15 Ichikawa

  • Chiba
  • over 10,000㎡ Less than 30,000㎡
  • Single
Location 1-8-36 Tajiri, Ichikawa, Chiba
Site Area 9,801.27 m2
Total leasable area 18,735.76 m2
Structure/Floors Steel-frame reinforced concrete and steel-frame construction with zinc coating, galvanized steel sheet roof, 4 stories
Completed February 25, 2008
Acquisition Date Mar. 26, 2008
Acquisition Price 4,550 million yen
No. of Tenants 1
Major Tenants Tokyo Logistics Factory 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 124 124 112 120 122
Depreciation 27 26 26 26 26
Loss on Write-offs of noncurrect assets - - 0
Income(loss) from real estate leasing business 97 97 85 93 95
CAPEX - 5 0 2
Book Value 4,225 4,203 4,177 4,150 4,125
Appraisal Value 5,630 5,770 5,840 5,840 5,850
* Not disclosed, for unable to obtain the tenant’s consent.

Location Profile

The Ichikawa area enjoys excellent access to the Tokyo metropolitan area as well as to gateways along the coast including Tokyo Port and Haneda Airport, and is well-suited to the storage, delivery and distribution of general consumer goods as well as the distribution of imports. The property is situated a short distance from the Ichikawa Interchange on the Keiyo Expressway, and with the planned expansion of the Tokyo Gaikan Expressway in the future, further improved convenience can be expected. Additionally, the surrounding environment is well-suited to logistics operations as it allows for around-the-clock operations and features the ready availability of local labor resources.

Facility Profile

The property is a general-purpose building with ample column spacing from 9.0m to 12.0m, a standard ceiling height of 6.0m and a standard floor load of 1.5t/m2. As a facility equipped with dualsided berths and space for 28 large trucks, as well as a total of four elevator banks that allows for the rapid loading and unloading of freight and the efficient movement of freight within the warehouse, the facility can handle the needs of both logisticstype and storage-type operations.
The facility also allows for layouts that can separate berths, office space and common areas, and the warehouse space on the first through fourth floors all function as spaces well-suited to logistics processing operations.

Press Release


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