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[Whole Commercial Building] Hikarinooka, Yokosuka City photo 1

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[Whole Commercial Building] Hikarinooka, Yokosuka City

Kanagawa - Yokosuka-shi

Price¥860m
TypeOffice Building
Area2935.12 m²
Bed-
Bath-
Back Property

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Property Information

・ A rare wholesale commercial building situated on a vast land lot of approximately 2,935 sqm (approx. 887 tsubo). ・ Prime location just a 1-minute walk from the bus stop serving ""YRP Nobi"" Station. ・ Solid tenant demand within YRP (Yokosuka Research Park), where numerous blue-chip companies and research institutes are concentrated. ・ Value-up potential expected with an upcoming scheduled renewal of the air conditioning systems. ・ Current occupancy rate is at approximately 60%, offering substantial upside potential for yield as vacant spaces are filled. The subject area is located within the ""Yokosuka Research Park (YRP)"" in the southeastern part of Yokosuka City, Kanagawa Prefecture. Designated primarily as a semi-industrial zone, it stands as one of Japan's premier research and development hubs for Information and Communication Technology (ICT). The master-planned district beautifully harmonizes abundant natural surroundings with advanced research infrastructure, attracting top-tier telecommunications carriers, electronics manufacturers, and prominent corporate laboratories. It offers excellent bus accessibility from ""YRP Nobi"" Station on the Keikyu Kurihama Line, ensuring resilient and steady tenant demand. Boasting a massive site of nearly 887 tsubo, this rare income-generating asset holds immense potential; investors can significantly maximize profitability and drive cap rate expansion by executing the scheduled HVAC modernization and filling the remaining 40% vacancy.

Transportation

Y R P Nobi

5 minutes car(Kurihama Line)

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Features

Elevator

Other Information

Land Area2935.12 m²
Land RightOwnership
ZoningIndustrial
Building Area Ratio60%
Facility OrientationNorth
StructureReinforced Concrete (RC)
Ground Level Floors5
Building Area6744.47 m²
Available FromNegotiable
Floor Area Ratio200%
Transaction TypeBrokerage
Year Built1999
Underground Floors1
Total Units/ Guest Rooms12

Floor Plan

Floor Plan

Monthly Expenses

Management Fee-
Repair Reserve Fund-
Car Parking-
Bicycle Parking-
Others-
Total-

Pricing & Expenses

860,000,000

USD: $5,418,000.00

Price Per Sqm: 293,003.35

All real estate transactions will be settled in Japanese yen (JPY).

USD equivalent (indicative only)

Rate type: Variable (indicative reference rate)

Exchange rate: 1 USD = 158.73 JPY

Reference year: 2026

Exchange rates fluctuate. The USD figures shown use the reference rate and year above for illustration only.

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¥860,000,000

USD: $5,418,000.00

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