Takara Leben Real Estate Investment CorporationCode : 3492

Portfolio List

O-02Higashi-Ikebukuro Central Place

Anticipated
acquisition price
9,780 million yen
鑑定評価額 million yen
鑑定NOI利回り
償却後鑑定NOI利回り
Address 3-22-17 Higashi-ikebukuro, Toshima-ku, Tokyo
Access 11 minutes' walk from Ikebukuro Station on JR and Private line,
Date of
construction
November 1984
Total leasable
area
7,793.59 m²

Regional Features

The Property’s nearest station Ikebukuro Station is served by JR, Tokyo Metro, Tobu Railway and Seibu Railway and thus offers good access to Tokyo’s major regions and suburbs, and is increasingly growing in importance as a major terminal station of the Tokyo metropolitan area with the extension of the Tokyo Metro Fukutoshin Line to Yokohama. Centering on Ikebukuro Station, the Ikebukuro area, where the Property is located, is also an area with a strong degree of independent trade area characteristics as evident by the concentration of service-related tenants of the type that are visited by or draws customers, enterprises with regional ties, business hub functions covering the Johoku area and Saitama direction, etc., among other factors, and there are thus diverse office needs.
The Property stands along Kasuga-dori slightly away from the commercial district in the Ikebukuro Station vicinity. Lined with medium- and high-rise office buildings, apartment buildings, etc. and coupled with utility pole free and footpath improvements, along Kasuga-dori is a streetscape of a tranquil atmosphere. As Kasuga-dori is one of Tokyo’s major roads and the Property is equipped with sufficient parking capacity, the Property is considered to be attractive to business types that frequently use vehicles.

Property Features

The Property is an office building that has 7 floors above ground and 1 floor below ground. With sufficient specifications befitting large buildings, such as typical floor plate of approximately 350 tsubos in area and 2,700mm in ceiling height, raised flooring and individual air-conditioning system, the Property is equipped for a wide range of tenant needs from leading enterprises to medium-sized enterprises. In addition, the common area portions of the building were renovated in 2016. There is considered to be no direct competition with neighboring large-scale properties and the redevelopment properties planned in front of Ikebukuro Station and the former site of Toshima City Office, because per-tsubo rent differs.

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