Dear Investors,

There is a high-yield investment property in Kashiwa City.  Its specs are as follows:

Type: commercial building

Location: Kashiwa, Kashiwa City, Chiba (5-min walk from Kashiwa station of JR Jyoban Line)

Land: 221.58 sq. meters

Floor area: 645.13 sq. meters

Coverage: 60%

FAR: 300%

Structure: RC / 4 stories

Built in: 1981

Current operation rate: 100% or 8/8

Current annual return: 18,333,605 yen

Asking price: 150,000,000 yen

Kashiwa is in Chiba Prefecture and is northeast of Tokyo.  Its population is growing largely because it has good connection with central areas of Tokyo with JR Jyoban Line.  It is about 40 minutes from Kashiwa station to Tokyo station.    In particular, Kashiwa is popular among young people. 

The property is on where a nice commercial district on east side of Kashiwa station ends.  There are many nice shops and cramming schools or jukus in the neighborhood.  Japanese families are coming to live in Kashiwa probably because they want their children to receive good education.

Please let us know, if you are interested in this property.

Best regards,

Minato Asset Management