marimo Regional Revitalization REIT, Inc.

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Property Details

Hp-01ROUTE INN Ichinomiya Ekimae

  • ROUTE INN Ichinomiya Ekimae1
  • ROUTE INN Ichinomiya Ekimae2
  • ROUTE INN Ichinomiya Ekimae3
  • ROUTE INN Ichinomiya Ekimae4
  • ROUTE INN Ichinomiya Ekimae1
  • ROUTE INN Ichinomiya Ekimae2
  • ROUTE INN Ichinomiya Ekimae3
  • ROUTE INN Ichinomiya Ekimae4
Location 1-2-11 Shinsei, Ichinomiya City, Aichi
Acquisition price 740million yen
Appraisal value 770million yen
Appraisal NOI yield 6.9%
Gross floor area 3,988.87㎡
Leasable area 3,860.81㎡
Constructed May 30, 2008

Property descriptions

The property is located approximately a 3-minute walk from Owari-Ichinomiya Station on the JR Tokaido Main Line and Meitetsu Ichinomiya Station on the Meitetsu Nagoya Main Line/Bisai Line. From those stations, it takes around 11 minutes to Nagoya Station using rapid train and around 8 minutes to Gifu Station, boasting excellent access to major city centers. Furthermore, the area where the property is located serves as a key transportation point having Meishin Expressway and Tokai-Hokuriku Expressway as well as four interchanges and junctions connecting to the main arterial roads and such. It is an area which offers excellent transport convenience not only to central Nagoya City but also to other surrounding cities and can take in business demand and accommodation demand from those working in or visiting the surrounding areas.

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