English
Kenryo Building is an income-producing property located in Nihonbashi Hongokucho 4-chome, Chuo-ku, Tokyo. It is approximately a 3-minute walk from Shin-Nihombashi Station on the JR Sobu Line, 5 minutes from Kanda Station on the JR Yamanote Line, and 4 minutes from Mitsukoshimae Station on the Tokyo Metro Ginza Line. The property has a land area of 93.15 sqm, approximately 28.17 tsubo, and a total floor area of 216.16 sqm, approximately 65.38 tsubo. The five-story steel-frame building was completed in December 1994 and is used for shops, storage and residential purposes. It is currently leased. The asking price is JPY 450 million including tax. Current annual income is stated at JPY 16,566,000, representing a gross yield of approximately 3.68%. Including the antenna-related income shown in the sales material, annual income is JPY 17,690,400 with a stated yield of approximately 3.93%.



