AJA Property Portfolio
AJA Property Portfolio - Astrojapanproperty.com
AJA Property Portfolio - Astrojapanproperty.com
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Retail<br />
Konan Home Centre<br />
KEY PROPERTY STATISTICS (June 2012)<br />
Summary<br />
Ownership interest<br />
Purchase date<br />
Carrying value (billion)<br />
Completed<br />
PML<br />
100%<br />
Apr 2005<br />
¥10.5<br />
Mar 2005<br />
8.02%<br />
PROPERTY TYPE<br />
Single-tenant retail home centre<br />
and speciality stores<br />
SUB-MARKET<br />
Ichikawa<br />
<strong>Property</strong> Statistics<br />
Land area (square metres)<br />
Trust’s share NRA (tsubo)<br />
Trust’s share NRA (square metres)<br />
Occupancy by area<br />
Tenancy Profile<br />
Toyota Tsusho Corporation / Konan<br />
Shoji<br />
Type of<br />
lease<br />
83,401<br />
14,768<br />
48,819<br />
100.0%<br />
Fixed noncancellable<br />
1<br />
% of<br />
total rent<br />
100.0%<br />
¹ The property is 100% leased to Konan Shoji on a 20 year lease. For the first 12 years (until<br />
March 2017) the master lessee under a non-cancellable Fixed Term Lease is Toyota Tsusho<br />
Corporation pursuant to which Toyota Tsusho subleases to Konan Shoji. From the end of the 12<br />
year master lease term the lease is directly with Konan Shoji.<br />
ADDRESS<br />
2526-6, Baraki<br />
Ichikawa-shi, Chiba<br />
Located close to the expressway,<br />
approximately 720 metres (a nine<br />
minute walk) from Futamata<br />
Shinmachi station on the JR Keiyo<br />
Line and 20 minutes by car from the<br />
centre of Tokyo.<br />
The Konan Home Centre is a large<br />
scale retail complex comprising a<br />
home centre with additional<br />
speciality shops (consumer<br />
electronics, supermarket, shoe<br />
store, variety goods and a gas<br />
station). It is leased to a single<br />
tenant through to March 2025.<br />
22