Tenant Building in Naha's Vibrant Makishi District
This commercial tenant building is strategically positioned in Naha's bustling Makishi 2-chome, offering prime access to the city's most famous thoroughfare. The property is just a one-minute walk from the popular Don Quijote store on Kokusai-dori (International Street) and is situated along the Tōei Movie Street, ensuring high foot traffic and visibility.
The building itself is a substantial RC (reinforced concrete) structure built in October 1990, with a total floor area of 662m² spread over 200.26 tsubo. It stands on a 175m² (52.94 tsubo) plot of land with full ownership rights. The property is located within a commercial zone under the city planning area, with a high building coverage ratio of 80% and a floor area ratio of 400%. Key features include elevator access. According to agent notes, the monthly rental income is 2,291,500 yen, with an annual income of 27,498,000 yen, resulting in a surface yield of 5.28%. A price remark notes that the rent has been increased.
The Makishi area is the heart of Naha's tourism and shopping, famous for its vibrant markets, including the Makishi Public Market. An interesting fact is that Kokusai-dori, which the property fronts, is often called "Miracle Mile" due to its remarkable post-war redevelopment from a war-torn road into Okinawa's premier shopping street. The closest major landmark is the historic Shuri Castle, a UNESCO World Heritage site and former palace of the Ryukyu Kingdom, located a short drive away.
