Mitsubishi Estate Logistics REIT Investment Corporation



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Logicross Osaka

  • Logicross Osaka1
  • Logicross Osaka2
  • Logicross Osaka3

As of April 15, 2021

Location 6-200-1 Tsukuda, Nishiyodogawa-ku, Osaka, Osaka
Completion date September 28, 2018
Total floor space 36,619.48 m²
Land area 18,176.07 m²
Leasable area (Note 1) 35,616.58 m²
Acquisition price ① 5,874
② 3,868
Sub total:9,743
Appraisal value (Note 2) ① 6,000
② 4,000
Sub total:10,000
Appraisal NOI yield ①4.3%
Number of tenants (Note 3) 2
Nearest train station Approx. 12 minutes from "Dekishima Station" of the Hanshinnanba Line
Approx. 14 minutes from “Chibune Station" of the Hanshin Main Line
Major trunk road Approx. 1.5 km from “Amagasaki Higashi IC” of Hanshin Expressway No. 3 Kobe Line
Approx. 4 km from “Nakajima IC” of Hanshin Expressway No. 5 Wangan Line
Approx. 200m from Nation Route 43
(Note 1) As of Feb. 28, 2021. “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) ”Appaisal value” shows the appaisal value stated on the real estate appaisal report as of Feb. 28, 2021 for the initial acquisition of 60%, and as of Dec. 1, 2020 for the additional acquisition of 40%.
(Note 3) As of Feb. 28, 2021. “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

■A logistics facility with good access to the two major consumption areas in the Kansai region, located 7.5 km from the center of Osaka (Umeda Station) and 24 km from Kobe City (Sannomiya Station). Easy access to the Port of Hanshin (Port of Osaka and Port of Kobe), a major logistics infrastructure in the Kansai region, and to a wide area via the Hanshin Expressway No. 3 Kobe Line and No. 5 Wangan Line, and proximity to National Route 43 lead to high location potential.
■As the Property is located in a cluster of small-medium-sized factories and distribution warehouses, it is possible to operate 24 hours a day, 365 days a year.

Facility Profile

■A four-story box-type logistics facility with truck berths on the east and west sides, equipped with luggage elevators and vertical conveyors (four units, respectively).
making it easy to rent the facility in sections.
■Each floor has an effective ceiling height of 5.5 m and a floor load of 1.5 t / ㎡, making it a highly versatile, easy-to-use logistics facility.