Investment Opportunity: Heartful Kids Narashinodai Nursery in Funabashi

This property is a single-unit, purpose-built nursery school named "Heartful Kids Narashinodai Nursery" located in Funabashi City, Chiba Prefecture. The building is a newly constructed, single-story wooden structure completed in March 2026, with a total floor area of 125.04 sqm (approximately 37.82 tsubo) on a 324 sqm (approximately 98.01 tsubo) plot of land. It is currently tenanted and operational.

The property is situated in a quiet, low-density residential zone (Category I Low-Rise Residential Exclusive District) and offers excellent transport access. It is a 6-minute walk from the Tōyō Rapid Railway's Kita-Narashino Station and a 7-minute walk from the Keisei Electric Railway's Matsudo Line Kita-Narashino Station, providing convenient access to two different rail lines.

Key investment features include an assumed annual rental income of 8,316,000 yen (based on full occupancy), which translates to a projected yield of 5% against the asking price of 165,000,000 yen. The lease includes a 10-year rent guarantee. Owner repair responsibilities are limited to the building's structural components, with tenants responsible for equipment maintenance. Running costs for the owner consist of fixed asset taxes and fire insurance premiums. The property includes parking for 3 vehicles (with some vehicle type restrictions) and bicycle parking for 10. The front road is a public roadway approximately 11.9 meters wide.

Special Notes/Remarks (Translated from Agent Notes): *The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, and is calculated before deducting public charges and other expenses necessary to maintain the property. Furthermore, the assumed rent and assumed yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. *Rental income is not guaranteed to be reliably obtained in the future. (As of the survey date: April 2, 2026)