IIF Tochigi Moka Manufacturing Center (Land with leasehold interest)
information
F-25
- Location
- 8-1, Matsuyama-cho, Moka-shi, Tochigi
- Acquisition Price (mn Yen)
- 1,100
- Date Acquired
- Apr. 01, 2022
- Number of Stories
- - (Land with leasehold interest)
- Land Size
- 93,854.28 m2
- Zoning
- Industrial exclusive area
- Total Floor Space
- - (Land with leasehold interest)
- Number of Tenants
- 1
- Occupancy Ratio
- 100 ％
- Major Tenant
- Kinugawa Rubber Industrial co., ltd.
This property is a land with leasehold interest for plant with long-term usability and versatility in good location acquired through CRE proposal capturing the sale-and-leaseback needs of a major automotive parts manufacturer, the seller.
This is a core plant of the lessee to manufacture brake parts and anti-vibration parts for major domestic automotive manufacturers, the mother plant of Kinugawa Rubber Group and IIF has conclude the fixed-term land lease contract for business purpose with 49 years and 11 months.
This property is located on approximately 2.0km from the Moka IC on Kita-kanto Expressway and accessible to Tokyo area and Tohoku area etc. through Tohoku Expressway. Furthermore, automobile-related industries, including Nissan Motor Co., Ltd.'s Tochigi Plant are clustered in the surrounding area, and this property is also located in the Moka Industrial Park (Industrial Park I) with a cluster of factories in various industries including automobile parts and with highly versatility that 24 hours operation is available.
Income
Please refer to "Performance by Property (xls)"
Map
F-25
IIF Tochigi Moka Manufacturing Center (Land with leasehold interest)
- Location
- 8-1, Matsuyama-cho, Moka-shi, Tochigi
- Acquisition Price (mn Yen)
- 1,100
- Date Acquired
- Apr. 01, 2022
- Number of Stories
- - (Land with leasehold interest)
- Land Size
- 93,854.28 m2
- Zoning
- Industrial exclusive area
- Total Floor Space
- - (Land with leasehold interest)
- Number of Tenants
- 1
- Occupancy Ratio
- 100 ％
- Major Tenant
- Kinugawa Rubber Industrial co., ltd.