XYMAX REIT Investment Corporation

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RT-01Muza Kawasaki

  • Retail
  • Tokyo economic area
  • Muza Kawasaki1
  • Muza Kawasaki2
  • Muza Kawasaki3
  • Muza Kawasaki4
  • Muza Kawasaki5
Acquisition price  4,100 million yen
Appraisal value  5,380 million yen
Asset type  Retail
Structure/Number of Floors  Steel-framed/Steel-framed reinforced concrete structure with flat roof/stainless steel plate roofing B2F/27F
Location  1310 Omiyacho, Saiwai-ku, Kawasaki-shi, Kanagawa
Land area  742.44 
Total floor area  3,671.09 
Completion date  January 7, 2004

Property Features

The property is connected to JR Kawasaki Station via a pedestrian deck (Note) and stands at a location with excellent traffic convenience. With offices, factories, etc. located in the surrounding area, the day-time population exceeds the night-time population. Redevelopment of JR Kawasaki Station West Exit area is ongoing, and the new establishment of a free passage at the North Exit, development of a mixed-use facility to the south of the property, and other plans are underway. As such, XYMAX REIT believes that the property’s ability to attract tenants will continue to improve.
(Note) Pedestrian deck refers to a pedestrian passageway separated from roadways by an overpass, etc.

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