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O-5 Sendaiko-kita

  • Miyagi
  • over 10,000㎡ Less than 30,000㎡
  • Single
Location 4-15-12 Minato, Miyagino-ku, Sendai, Miyagi
Site Area 27,861.73 m2
Total leasable area 10,634.24 m2
Structure/Floors Steel frame 2-story building with alloy-plated steel sheet roof
Completed March 2, 2006
Acquisition Date Mar. 1, 2018
Acquisition Price 1,600 million yen
No. of Tenants 1
Major Tenants Nichirei Logistics Group Inc.

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*
Real estate leasing business expenses 非開示* 非開示* 非開示* 非開示*
NOI 54 64 57 59
Depreciation 13 15 16 16
Loss on Write-offs of noncurrect assets - 0
Income(loss) from real estate leasing business 41 48 41 43
CAPEX 5 0 7 0
Book Value 1,656 1,640 1,632 1,616
Appraisal Value 1,880 1,890 1,900 1,880
* Not disclosed, for unable to obtain the tenant’s consent.

Location Profile

・Optimal location for logistics, close to central Sendai, which is a major center of consumption in the Tohoku area, and with excellent access to logistics gateways such as Sendai Port and Sendai Airport.
・The property is situated around 1.8 km from National Route 45, around 3.5 km from Sendaiko-kita Interchange on the Sendai Eastern Expressway, and around 8.3 km from the Nigatake Interchange on the Sendai bypass, an important point for transportation within Miyagi Prefecture, offering excellent traffic access and thus enabling wide-area delivery to the Tohoku area.
・The property is situated in a logistics cluster in a coastal area, enabling operation around the clock without fearing potential complaints about noise, vibration, etc. from the neighborhood.
・Residential area stretches out behind the property and the property provides a sufficient number of parking places (for 60 vehicles), enabling commuting by car and facilitating the procurement of labor.

Facility Profile

・A box-type one-story logistics facility with facility specifications including an effective inter-column gap of 12.0m×20.0m, an effective ceiling height of 4.5m, and a floor withstand load of 0.5t/m2 and with truck berths (high-floored) on three sides, thus enabling efficient cargo carrying-in and carrying-out.
・The property is competitive as a refrigerated warehouse with dock shelters that are effective for merchandise control/hygiene control, and a fixed-term building lease agreement has been entered into with respect to the entire property with a leading temperature logistics group.

Press Release


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