Commercial Property with Established Tenancy in Akishima, Tokyo
This commercial property, located in Akishima City, Tokyo, is a two-story steel-framed building constructed in May 1986. It is currently tenanted and operating as an office and warehouse, offering an investor a stable income stream from day one. The property sits on a generous 198.00 sqm (approximately 59.89 tsubo) corner lot with excellent road access on two sides: a 2.4-meter-wide public road to the north and a 16-meter-wide public road to the northeast.
Critical agent notes provide essential details for potential buyers. The property is undergoing an owner change and is fully leased. The estimated annual rental income at full occupancy is 5,280,000 yen, yielding an approximate capitalization rate of 5.29%. The site features a spacious parking area and includes a setback of approximately 12 sqm. It is located within a quasi-fire prevention zone and a Category II Height Control District. As the tenants are currently operating, any on-site viewings require consideration for their business activities. The listed price includes tax. Notably, there is no gas line connection to the property, and pet ownership is not permitted.
The area of Akishima offers a blend of residential comfort and natural accessibility, being part of the greater Tama region of Tokyo. An interesting local fact is that Akishima is home to the U.S. Air Force's Yokota Air Base, which has a significant historical presence. For recreation and tourism, the property is conveniently located just a short distance from the expansive Showa Kinen Park, a national government park famous for its beautiful seasonal flower displays, vast lawns, cycling paths, and museums, making it a major attraction for both locals and visitors.