IIF Higashimatsuyama Gas Tank Maintenance Center (Land with leasehold interest)

IIF Higashimatsuyama
Gas Tank Maintenance Center
(Land with leasehold interest)

information

I-9

Location
75-1, Shingo, Higashimatsuyama-shi, Saitama
Acquisition Price (mn Yen)
690
Date Acquired
Nov. 13, 2015
Number of Stories
- (Land with Leasehold Interest)
Land Size
12,880.38 m2
Total Floor Space
- (Land with Leasehold Interest)
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
J Cylinder Service Co., Ltd.

This property is located a shaped corner plot within the Higashimatsuyama Industrial Park, and that is 2 km from the Higashimatsuyama IC on the Kan-etsu Expressway and 1.3 km from Shinrin-koen Station on the Tobu-Tojo Line. While Saitama Prefecture and Higashimatsuyama City have limited plots of land that are suitable for industrial use, this property is in a restricted industrial area of rare value that allows 24-hour operation. Higashimatsuyama City, which is located nearly in the center of Saitama Prefecture, is an important point of traffic where a number of roads meet, and the property is in the vicinity of a highly versatile area for industrial properties with a concentration of logistics and midsize manufacturing facilities.
The new inspection facility, which the tenant owns will have inspection lines that can handle a wide range of applications, including large containers such as LP gas cylinder for automobiles and gas cylinder bottles for industrial use, and mid-and-small-size containers such as oxygen bottles for medical use and containers for carbon dioxide gas for beverages.
The facility will be constructed by the tenant in order to integrate and transfer businesses of other locations to this location as the largest operating site in the Kanto area.

Income

Please refer to "Performance by Property (xls)"

Map

I-9

IIF Higashimatsuyama
Gas Tank Maintenance Center
(Land with leasehold interest)

Location
75-1, Shingo, Higashimatsuyama-shi, Saitama
Acquisition Price (mn Yen)
690
Date Acquired
Nov. 13, 2015
Number of Stories
- (Land with Leasehold Interest)
Land Size
12,880.38 m2
Total Floor Space
- (Land with Leasehold Interest)
Number of Tenants
1
Occupancy Ratio
100.0 %
Major Tenant
J Cylinder Service Co., Ltd.
IIF Higashimatsuyama Gas Tank Maintenance Center (Land with leasehold interest)