D Project Matsuyama S

D Project Matsuyama S is located at the suburb of Matsuyama City. Matsuyama City is one of the largest cities in Shikoku area and the city’s major industries are manufacturing, tourism, and agriculture.

Matsuyama Expressway directly connects industrial cities including Matsuyama, Niihama, and Mishima. The Property is located in the same area as the logistics bases of regional logistics companies and food-related companies. It is less than 1.0 km from a major arterial road, approximately 5.8 km from “Matsuyama Interchange” on the Matsuyama Expressway. Both Matsuyama Airport and Matsuyama Port are located within a 15.0 km radius of D Project Matsuyama S. The logistics bases of regional logistics companies and food-related companies are located around the site.

D Project Matsuyama S is currently occupied by Nippon Access., Inc, a leading integrated food trading company in Japan. Nippon Access., Inc, currently uses D Project Matsuyama S as a distribution hub to cover the greater Matsuyama area. D Project Matsuyama S is partially equipped with temperature control facilities to maintain appropriate temperatures for frozen or chilled foodstuff, in addition to dry warehouse zones.

Summary of Selected Information

Land Address 74-10, 375-16, 386-6, Wakamiya, Minaminoda, Toon, Ehime, Japan
Land Tenure Freehold
Completion Date Building 1: 31 October 1994
Building 2: 31 July 2017
Occupancy as of 30 June 2023 (%) 100.0
Parking Bays 62
Number of Storeys 2
NLA (sq m) 5,346.96
Land Area (sq m) 8,412.15
Valuation as at 31 December 2022 JPY 921 million
Purchase Consideration JPY 800.0 million
WALE by GRI as at 30 June 2023 (years) 6.1