Tenant Building Investment Opportunity in Naha, Okinawa
This commercial property, a tenant building located in Naha's Shuri Sueyoshi-cho district, presents a compelling investment opportunity with a solid rental income stream. The building offers a total floor area of 187.1 square meters (approximately 56.59 tsubo) spread across three stories, situated on a land plot of 111.04 square meters (33.58 tsubo). Built in March 1982, this 44-year-old reinforced concrete (RC) structure is currently fully tenanted, providing immediate yield.
Critical investment details from the agent notes include a projected annual rental income of 2,904,000 yen, broken down as 100,000 yen per month from the first floor, 77,000 yen from the second floor, and 65,000 yen from the third floor, totaling 242,000 yen monthly. This translates to a calculated yield of 5.08%. The property is listed for sale at 54,800,000 yen. The building's facilities are confirmed to include water supply, sewerage, and LP gas.
The property is strategically positioned along Prefectural Route 82 (Circular Route 2), offering excellent visibility and access. It is also within a short 5-minute walk from the Okinawa Urban Monorail's (Yui Rail) Shichiryōbyōmae Station, connecting investors and potential future tenants directly to Naha's central transit network. The area is part of the Shuri district, rich in Ryukyuan history and culture.
