marimo Regional Revitalization REIT, Inc.

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Property Details

  • Fujiguran Ube1
  • Fujiguran Ube2
  • Fujiguran Ube3
  • Fujiguran Ube4
  • Fujiguran Ube1
  • Fujiguran Ube2
  • Fujiguran Ube3
  • Fujiguran Ube4
Location 3-1-1 Myojincho Ube City, Yamaguchi
Acquisition price 5,528million yen
Appraisal value 6,120million yen
Appraisal NOI yield 6.7%
Gross floor area 49,243.53㎡
Leasable area 51,169.86㎡
Constructed March 4, 1999

Property descriptions

・A large-scale commercial facility with a wide range of tenants and good accessibility within 3 km from the city center and the airport.
・The property is the center of Ube City's lifestyle, with the only MUJI and cinema in Ube City, as well as a large supermarket and many other tenants that are close to the daily lives of the city's residents.
・The property generates stable cash flow through a long-term fixed rent contract with Fuji Corporation, a subsidiary of Aeon Co.

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