MIRARTH Real Estate Investment CorporationCode : 3492

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O-25Jozenji-dori Square Building

Anticipated
acquisition price
3,305 million yen
鑑定評価額 million yen
鑑定NOI利回り
償却後鑑定NOI利回り
Address 3‑1‑11 Kokubun‑cho, Aoba‑ku, Sendai‑shi, Miyagi
Access 2-minute walk from Kotodaikoen Station on the Namboku subway Line
Date of
construction
December 1987
Total leasable
area
4,804.07 m²

Regional Features

The nearest station to the property, “Kotodaikoen” Station on the Namboku Subway Line, provides access to Sendai Station—the largest terminal hub in the Tohoku region—in approximately three minutes. The area is home to a significant number of government offices, including the Miyagi Prefectural Government, and features the tree-lined Jozenji Street and Kotodai Park, which serve as relaxing public spaces for residents and office workers.

Property Features

The property is a 9-story office building with 1 basement level completed in December 1987. In 2014, the common areas were renovated, giving the building specifications that belie its age. The property is close to Sendai Station, the largest terminal hub in the Tohoku region. This advantageous location is well positioned for local companies and as a regional base for various businesses operating across the Tohoku area. In addition, the nearby redevelopment project for the Sendai City Hall is scheduled for completion in 2027, which is expected to stimulate increased pedestrian traffic in the vicinity.

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