3 minute walk from Shinjuku Nishiguchi Station on the Toei Oedo Line.
5 min. walk from Shinjuku Station (Tokyo Metro Marunouchi Line)
Six-minute walk from Shinjuku Station on the JR Yamanote Line, etc.
・Land lease contract area 246.94m2 ・Land lease contract period
・Period of land lease contract May 1, 2015 - April 30, 2045 May 1, 2015 - April 30, 2015
・Four-story reinforced concrete structure with one basement floor
・Built in October 1965.
・Floor plan details are unknown as the property is currently leased.
Owner-change property (as of October 18, 2021)
Monthly rent: 2,967,820 yen (out of 20 rooms) (18 of 20 rooms are currently leased)
Annual rent: 35,613,840 yen
Surface yield: 5.95%.
Assumed full occupancy monthly rent: 3,300,000 yen
Assumed full occupancy annual rent: 39,600,000 yen
Estimated yield: 6.62%.
▼Land lease conditions
Land lease fee: 457,000 yen/month / Expiration date of lease: April 2045 (remaining period: 23 years)
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