Military Land Investment in Kadena Town
This is a rare opportunity to acquire a military land leasehold property located in Yara, Kadena Town, Okinawa Prefecture. The land measures approximately 496 square meters, or about 150 tsubo, and is situated within the Kadena Air Base area. The property is offered for sale at a price of 41,078,000 yen.
The annual land lease fee is 855,803 yen, representing a multiplier of 48 times the annual rent. Both the annual lease fee and the fixed asset tax for the current year will be settled on a pro-rata basis at the time of closing. Importantly, there are no brokerage fees (agency commission) required for this transaction. The seller confirms there are no plans for the land to be returned by the military.
The land is zoned as miscellaneous land with a classification of residential land. There are no building coverage or floor area ratio restrictions specified. The property is available for immediate transfer, and there are no building conditions attached. The lot has no private road maintenance obligations. The nearest bus stop is Sengendai, which is a 3-minute walk away. The land is owned with sole ownership rights.
