Investment Opportunity in Land Adjacent to Kadena Air Base
This listing presents a substantial land parcel of approximately 1,314.00 square meters (about 397.48 tsubo) located in the town of Kadena, Okinawa Prefecture. The land is designated as "zasshuchi" (miscellaneous land) with a classification of "takuchi mikomi chi" (land projected for residential use). The property is offered for sale with an asking price of 111,090,000 yen. The land is subject to a lease agreement with Kadena Air Base, generating a stable annual rental income of 2,267,184 yen for the fiscal year Reiwa 7, with an annual escalation rate of 1.03%. The lease multiplier is approximately 49 times the annual rent.
Critical details from the agent's notes include: Facility Name: Kadena Air Base; Location: Nakaagami District, Kadena Town, Aza Nosato; Price: 11,109万円; Multiplier: approx. 49 times; Annual Lease Fee (Reiwa 7): 2,267,184 yen; Escalation Rate (Reiwa 7): 1.03%; Land Area: 1,314.00㎡ (approx. 397.48 tsubo); Land Category: Miscellaneous Land; Type: Land Projected for Residential Use; Rights: Ownership (sole title); Fixed Asset Tax (Reiwa 7): 239,195 yen; Landowner Association Fee (Reiwa 7): 6,348 yen/year; Prorated Settlement: Prorated settlement exists for landowner association fees, land fees, and fixed asset taxes; Various Costs: Ownership transfer costs are borne by the buyer; Brokerage Commission: (Price × 3% + 60,000 yen) × tax; Transaction Mode: Exclusive Agency; Handling Real Estate Company: OROKU Shokai. A note clarifies that due to rounding, the total settlement amount for lease fees, fixed asset tax, and landowner association fees may differ by a few yen, and that the actual current condition takes precedence over the listed information if there is a discrepancy.
The area of Kadena is dominated by the presence of the U.S. Kadena Air Base, one of the largest and most strategically important U.S. Air Force installations in the Asia-Pacific region. This creates a unique local economy and demographic. A notable landmark nearby is the Okinawa Zoo & Museum, a family-friendly attraction combining animal exhibits with cultural and natural history displays, located a short drive from the town center. The property represents a specialized investment opportunity in military-leased land, offering a hands-off income stream with built-in annual increases, suitable for investors seeking exposure to this niche segment of the Okinawan real estate market.
