Mitsubishi Estate Logistics REIT Investment Corporation

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Portfolio Details

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MJ Logipark Kazo 2

  • MJ Logipark Kazo 21
  • MJ Logipark Kazo 22

As of February 28, 2021

Location 1-4-1, Okuwa, Kazo, Saitama
Completion date December 18, 1998
Total floor space 7,349.18 m²
Land area 11,454.21 m²
Leasable area (Note 1) 7,349.18 m²
Acquisition price 1,637
Appraisal value 1,720
Appraisal NOI yield 5.0%
Number of tenants (Note 2) 1
Nearest train station Approx. 2.4 km from "Hanasaki Station" of the Tobu Isesaki Line
Major trunk road Approx. 1.4 km from “Kazo IC” of the Tohoku Expressway
Approx. 250m from National Route 125
Approx. 4 km from Prefectural Route 3
Approx. 7 km from National Route 122
(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, 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

■The site is located in the Kazo Distribution Business Complex in close proximity to “Kazo IC” on the Tohoku Expressway and National Route 125, which crosses Saitama Prefecture, making it an ideal location for logistics with excellent transportation access to cover a wide area. ■Located in a cluster of factories and logistics facilities, the site can be operated 24 hours a day, 365 days a year.

Facility Profile

■It is a two-story, low-rise logistics center with a building area of 5,017 ㎡ on a site of 11,454 ㎡, which is a spacious building layout. In addition, there is a truck waiting area (4 cars) and a parking lot (61 cars).
■A low-rise, user-friendly distribution center with truck berths on the east side of the first floor, a cargo elevator and a vertical conveyor.

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