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 31 December 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 2023 | JPY 948 million |
| Purchase Consideration | JPY 800.0 million |
| WALE by GRI as at 31 December 2023 (years) | 5.6 |
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