Round1 Machida

Round1 Machida1

information

S-34

Location
13-14, Morino 1-chome, Machida-shi, Tokyo
Acquisition Price (mn Yen)
2,450
Date Acquired
Sep. 26. 2011
Construction Completion
Jul. 15. 2004
Number of Stories
7 stories (with a basement floor) steel framed with flat roof
Land Size
1,199.24m2
Total Floor Space
6,801.89m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
Round1

The property’s tenant, Round1 Corporation, is a leading bowling alley operator that has developed a successful differentiated business plan. The company operates sports entertainment complexes across Japan that includes not only bowling alleys but also game centers, karaoke rooms, billiards, darts and other entertainment activities. Round1’s basic target demographic is families, but has developed a service model that can attract all ages of customers including children, young adults, business people, housewives and senior citizens.

The complex on the property is a standard complex that includes a bowling alley, game center, karaoke rooms, billiards and darts. However, excluding karaoke, Round1 enjoys minimal competition because there are no similar large-scale entertainment complexes in the vicinity of Machida station. This has resulted in Round1 establishing itself as the number one entertainment center in the area.

Income

Please refer to "Performance by Property (xls)"

Map

S-34

Round1 Machida

Location
13-14, Morino 1-chome, Machida-shi, Tokyo
Acquisition Price (mn Yen)
2,450
Date Acquired
Sep. 26. 2011
Construction Completion
Jul. 15. 2004
Number of Stories
7 stories (with a basement floor) steel framed with flat roof
Land Size
1,199.24m2
Total Floor Space
6,801.89m2
Number of Tenants
1
Occupancy Ratio
100%
Major Tenant
Round1