Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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  4. MJ Logipark Nishinomiya 1

MJ Logipark Nishinomiya 1

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As of February 29, 2024

Location 3-3-4, Hanshin Ryutsu Center, Yamaguchi-cho, Nishinomiya, Hyogo
Completion date March 14, 1991
Total floor space 13,903.42 m²
Land area 23,008.83 m²
Leasable area (Note 1) 13,777.07 m²
Acquisition price 2,483 million yen
Appraisal value 2,750 million yen
Appraisal NOI yield 5.7%
Number of tenants (Note 2) 1
Nearest train station Approx. 1.5 km from “Taoji Station” of Kobe Electric Railway Sanda Line
Major trunk road Approx. 0.5 km from “Nishinomiya Kita IC” of the Chugoku Expressway
Approx. 2.5 km from “Nishinomiya Yamaguchi Minami IC” of the Hanshin Expressway No. 7 Kita Kobe Route
Approx. 3 km from “Yoshio IC” of the Rokko Kita toll road
Approx. 1 km from National Route 176
(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

■Located approximately 500 m from “Nishinomiya Kita IC” on the Chugoku Expressway, the property is accessible from Osaka and Kyoto prefectures. In addition, since the property is accessible from Sanyo Expressway, it provides excellent access to the Chugoku region such as Okayama and Hiroshima prefectures and enables operations in the entire area of Western Japan.
■Since the surrounding environment is an industrial complex, the distribution center can be operated 24 hours a day.
■It has an advantage in terms of securing employment since it's located within walking distance from residential areas.

Facility Profile

■A versatile logistics facility in terms of pillar span, ceiling height, and floor load, with two main entrances and exits with three-sided berths (two high floors, one low floor).

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