marimo Regional Revitalization REIT, Inc.

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Property Details

  • ArtizA  Mito Izumicho1
  • ArtizA  Mito Izumicho2
  • ArtizA  Mito Izumicho3
  • ArtizA  Mito Izumicho4
  • ArtizA  Mito Izumicho1
  • ArtizA  Mito Izumicho2
  • ArtizA  Mito Izumicho3
  • ArtizA  Mito Izumicho4
Location 3-3-26 Izumimachi, Mito City, Ibaragi
Acquisition price 609million yen
Appraisal value 711million yen
Appraisal NOI yield 5.6%
Gross floor area 1,896.52㎡
Leasable area 1,843.68㎡
Constructed March 12, 2019

Property descriptions

・Located at the center of Mito where Keisei Department Store, Art Tower Mito and a new civic hall (slated to open in July 2023) are concentrated
・Situated behind Mito City’s central commercial district lined with department stores, hotels, restaurants, etc., as well as the regional branches of major companies, stable demand, whether corporate or individual, can be expected

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