G-Bldg.
Nagoya Sakae 01

G-Bldg. Nagoya Sakae 011

information

U-36

Location
27-24, Sakae 3-chome, Nagoya-shi, Naka-ku, Aichi
Acquisition Price (mn Yen)
1,900
Date Acquired
Dec. 26. 2014
Construction Completion
Aug. 29. 2014
Number of Stories
3 stories above ground and 1 basement floor
Land Size
272.51m2
Total Floor Space
902.06m2
Number of Tenants
2
Occupancy Ratio
100%
Major Tenant
UNDER ARMOUR

The Nagoya, Sakae area, where the property is located, is one of the major shopping districts in Nagoya region with large-scale retail facilities, international and domestic apparel stores, which continues to grow with new store openings.
The property is conveniently located in approximately a 3-minute walking distance from Yabacho Station on Subway Meijo Line and an 8-minute walking distance from Sakae Station on Subway Higashiyama Line. Also, the property is facing toward the road north of Nagoya Zero Gate, a retail facility newly opened in October 2014, and likely to have a stream of customers from Otsu Street and Isemachi Street, which is a potential benefit for a retail property.
The main tenant of the property (1st to 3rd floor) is a leading American sportswear brand, Under Armour, which is their first store in Nagoya region and the 9th store in Japan. It is a rare facility in the region where a tenant can express their brand image by using the entire building.

Income

Please refer to "Performance by Property (xls)"

Map

U-36

G-Bldg.
Nagoya Sakae 01

Location
27-24, Sakae 3-chome, Nagoya-shi, Naka-ku, Aichi
Acquisition Price (mn Yen)
1,900
Date Acquired
Dec. 26. 2014
Construction Completion
Aug. 29. 2014
Number of Stories
3 stories above ground and 1 basement floor
Land Size
272.51m2
Total Floor Space
902.06m2
Number of Tenants
2
Occupancy Ratio
100%
Major Tenant
UNDER ARMOUR