Mitsubishi Estate Logistics REIT Investment Corporation



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Logicross Atsugi

  • Logicross Atsugi1
  • Logicross Atsugi2
  • Logicross Atsugi3

As of February 28, 2021

Location 231-1 Yanazoe, Kami-Ochiai, Atsugi, Kanagawa
Completion date March 1, 2017
Total floor space 29,895.80 m²
Land area 14,782.03 m²
Leasable area (Note 1) 29,895.80 m²
Acquisition price 8,440
Appraisal value 9,190
Appraisal NOI yield 4.5%
Number of tenants (Note 2) 1
Nearest train station Approx. 1.5 km from "Aiko Ishida Station" of the Odakyu Odawara Line
Major trunk road Approx. 0.9 km from "Atsugi Nishi Interchange" of the Odawara-Atsugi Road
Approx. 1.0 km from the National Route 129
Approx. 2.0 km from "Atsugi Interchange" of the Tomei Expressway
(Note 1) “Leasable area” is the sum total of the area regarded as being available for leasing based on each lease agreement, building drawing, etc. for buildings (excluding the leased area stated in the lease agreement for shops, vending machines, photovoltaic power generation facilities and parking spaces).
(Note 2) “Number of tenants” is based on the lease agreements with tenants for warehouses, offices and lands for each property or property in trust.

Location Profile

■With excellent access to the Ken-O Expressway, the Tomei Expressway and the National Route 129, this location offers distribution coverage across the Tokyo Metropolitan area, Kansai area and Tokai area as well as the consumer area surrounding Tokyo. Moreover, it is expected that the location potential of the property will be improved due to the opening of the Shin-Tomei Expressway.
■It has advantages in hiring employees because it is located next to dense residential area and route bus is available for commuting.

Facility Profile

■It has truck berths on the north and west sides of the building, three freight elevators and four vertical carrying mechanisms.
■Leasable area can be separated into three areas at most and leasable for multiple tenants. A logistics facility with high functionality and it has competitive advantage.
■The property reuse raised floor panels which were used in the JX building, an office building in the Marunouchi area that is being redeveloped by Mitsubishi Estate.