{"id":2006,"date":"2010-06-11T16:00:28","date_gmt":"2010-06-11T07:00:28","guid":{"rendered":"https:\/\/blog.realestate-minato.com\/?p=2006"},"modified":"2010-06-11T16:31:54","modified_gmt":"2010-06-11T07:31:54","slug":"commercial-building-in-the-worlds-most-famous-red-light-district-is-for-sale","status":"publish","type":"post","link":"https:\/\/blog.realestate-minato.com\/?p=2006","title":{"rendered":"Commercial building in the world&#8217;s most famous red-light district is for sale"},"content":{"rendered":"<p>Dear Investors:<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>A commercial building\u00a0in <a title=\"kabukicho\" href=\"https:\/\/wikitravel.org\/en\/Kabukicho\" target=\"_blank\">Kabukicho<\/a>\u00a0is for sale.\u00a0 Kabukicho is Japan&#8217;s most famous red-light district which is always flooded with people, including international tourists.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Address: 1, Okubo, Shijuku-ku (8-min walk to Shinjuku station)<\/p>\n<p>Land: 478.95 square meters<\/p>\n<p>Floor area: 3,007.02 square meters<\/p>\n<p>Structure: SRC \/ 9-story + 1-story underground<\/p>\n<p>Year built: 1965<\/p>\n<p>Others: fully renovated in 2003, power generator (so that electricity can be generated and used on the premises even if electricity&#8217;s supply stops by accident), parking for 6 cars<\/p>\n<p>Annual return: 121,167,180 yen<\/p>\n<p>Asking price: 1,820,000,000 yen<\/p>\n<p>Current yield: 5.2%<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Shinjuku station is probably the world&#8217;s most busy train station.\u00a0 Many train lines &#8211; JR, Keio, Odakyu, Seibu, Tokyo Metro, and Tokyo Subway, all meet at Shinjuku.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Although it is almost a surety that this building will be commercially and financially successful, we would like you to pay extra attention to the neighborhood.\u00a0 Please remember that gangster groups have been participating in business activities in the town for a long time, although their overall influence has recently been diminished.\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Please be careful when you purchase real estate in Kabukicho or anywhere in Japan where gangsters or <a title=\"yakuza\" href=\"https:\/\/www.unc.edu\/~wiltshir\/yakuzahome.html\" target=\"_blank\">yakuza<\/a>s may still be powerful.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Best regards,<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Minato Asset Management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Investors: \u00a0 \u00a0 A commercial building\u00a0in Kabukicho\u00a0is for sale.\u00a0 Kabukicho is Japan&#8217;s most famous red-light district which is always flooded with people, including international tourists. \u00a0 \u00a0 Address: 1, Okubo, Shijuku-ku (8-min walk to Shinjuku station) Land: 478.95 square meters Floor area: 3,007.02 square meters Structure: SRC \/ 9-story + 1-story underground Year built: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61,3,4],"tags":[576,9,44,64,385,572,571,575,574,45,573,577],"class_list":["post-2006","post","type-post","status-publish","format-standard","hentry","category-shinjuku-ku","category-tokyo-real-estate-market","category-tokyo-real-estate-view","tag-gangster","tag-investment","tag-jr","tag-kabukicho","tag-keio","tag-odakyu","tag-real-estate-investment-in-japan","tag-red-light-district","tag-seibu-shinjuku","tag-tokyo-metro","tag-tokyo-subway","tag-yakuza"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2006"}],"version-history":[{"count":8,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2006\/revisions"}],"predecessor-version":[{"id":2010,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/2006\/revisions\/2010"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}