marimo Regional Revitalization REIT, Inc.

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Property Details

  • MRR Utsunomiya1
  • MRR Utsunomiya2
  • MRR Utsunomiya3
  • MRR Utsunomiya4
  • MRR Utsunomiya1
  • MRR Utsunomiya2
  • MRR Utsunomiya3
  • MRR Utsunomiya4
Location 6-1-7 higashishukugou, Utsunomiya City, Tochigi
Acquisition price 1,750million yen
Appraisal value 1,910million yen
Appraisal NOI yield 6.2%
Gross floor area 7,197.22㎡
Leasable area 5,106.48㎡
Constructed February 2, 2001

Property descriptions

・Located approximately a 12-minute walk from JR Utsunomiya Station and equipped with a parking lot (parking capacity: 113 spaces), making it a mixed-use property boasting a high percentage of corporate contracts for both the office and residential portions
・Expecting further demand as convenience increases with the opening of Haga Utsunomiya LRT in the urban center of Utsunomiya City slated for August 2023, the nearest station from the property being Eki Higashi Koen-mae Station, which will be a 1-minute to 2-minute walk

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