Mitsubishi Estate Logistics REIT Investment Corporation

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MJ Industrial Park Kobe (Land)

  • MJ Industrial Park Kobe (Land)1
  • MJ Industrial Park Kobe (Land)2
  • MJ Industrial Park Kobe (Land)3

As of August 31, 2023

Location 18-10, Sumiyoshihamamachi, Higashinada-ku, Kobe, Hyogo
Completion date -
Total floor space - m²
Land area 40,050.71 m²
Leasable area (Note 1) 31,743.99 m²
Acquisition price 4,970 million yen
Appraisal value 5,720 million yen
Appraisal NOI yield 5.1%
Number of tenants (Note 2) 1
Nearest train station Approx. 6 minutes from “from “Minamiuozaki Station” on the Kobe New Transit Rokko
Island Line
Approx. 1.7 km from “Sumiyoshi Station” on the Hanshin Main Line
Major trunk road 1.4 km from “Sumiyoshihama IC” on the Hanshin Expressway No. 5 Wangan Line
Approx. 2.4 km from “Uozaki IC” on the Hanshin Expressway No. 3 Kobe Line
(Note 1) “Leasable area” is the sum total of the land area regarded as being available for leasing based on the lease agreement.
(Note 2) “Number of tenants” is based on the lease agreement with tenant.

Location Profile

■The surrounding area where the property is located has excellent access to the central Osaka and Kobe because of its proximity to the nearest IC. It is expected to function as a base for the Kinki, Chugoku and Shikoku. Also, as it is located within walking distance from the nearest train station, the site has the advantage as a business site in terms of securing labor force and has potential for redeveloping logistics facilities, etc.
■With the construction of the western extension of the Hanshin Expressway Osaka Wangan Line (Rokko Island North to Komasakae), whose commercialization was determined in the fiscal year 2016, the area is expected to see further improvements in transportation convenience.

Facility Profile

■A newly developed base for tenant, a major car leasing company, covering the Kinki, Chugoku and Shikoku areas.

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