Mitsubishi Estate Logistics REIT Investment Corporation



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MJ Industrial Park Chiba-Kita (Land)

  • MJ Industrial Park Chiba-Kita (Land)1
  • MJ Industrial Park Chiba-Kita (Land)2
  • MJ Industrial Park Chiba-Kita (Land)3

As of April 15, 2021

Location 330-2, Naganuma-cho, Inage-ku, Chiba,Chiba
Completion date -
Total floor space - m²
Land area 14,986.64 m²
Leasable area (Note 1) 14,986.64 m²
Acquisition price 1,800
Appraisal value (Note 2) 1,950
Appraisal NOI yield 4.4%
Number of tenants (Note 3) 1
Nearest train station Approx. 4 minutes from “One’s Mall Bus Stop” on the Keisei Bus Line
Approx. 1.7 km from “Sport Center Station” on the Chiba Urban Monorail No. 2 Line
Approx. 4.2 km from “Inage Station” on the JR Sobu Main Line.
Major trunk road Approx. 2.1 km from “Chiba-Kita IC” on the Higashi-Kanto Expressway
Approx. 300 m from National Route 16
(Note 1) As of Feb. 28, 2021. “Leasable area” is the sum total of the land area regarded as being available for leasing based on the lease agreement.
(Note 2) ”Appaisal value” shows the appaisal value stated on the real estate appaisal report as of Dec. 1, 2020.
(Note 3) As of Feb. 28, 2021. “Number of tenants” is based on the lease agreement with tenant.

Location Profile

■The surrounding area, where the property is located has a good connection to the “Chiba-Kita IC” and National
Route 16, is a residential area enjoying the advantage of securing labor force. It is competitive as a business site.
■The property has excellent access to the Higashi-Kanto Expressway, Keiyo Expressway, National Route 14, National Route 16, National Route 126, providing connection to central Tokyo, access to Narita Airport and the Tokyo Bay area, giving it the potential to be a highly versatile location that can be converted to a logistics facility.

Facility Profile

■A production base with headquarters functions of an automotive parts manufacturer.