Mallage Saga
730, Ooaza Ushijima, Kosemachi, Saga-shi, Saga Prefecture

Mallage Saga is the second largest shopping mall in Saga City, which started its operations in 2003. With a net lettable area (“NLA”) of 46,650 sq m, it comprises two sections, north and south, housing a well-diverse range of tenant mix of 132 tenants in food & beverage, interior goods, ladies’ and men’s fashion and entertainment. Key tenants include Mr. Max (discount store), Food Way (supermarket), 109 Cinemas and Sanki (fashion retailer).

Mallage Saga has excellent road frontage – being strategically located at the intersection of Prefectural Road 51, Kanjo Higashi Dori and Prefectural Road 264, which makes it very accessible and convenient for drivers. The main access to the property is by car which has ample parking space with 2,032 car park lots.

Property Information
Net Lettable Area 46,699.5 sq m
Valuation As at 30 June 2017 JPY4,600 million
FY2017 Actual Net Property Income (NPI) From 1 July 2016 to 30 June 2017 JPY340.8 million
Annual NPI Yield (Based on annualising the Actual NPI divided by the purchase price) 9.4%
Occupancy As at 30 June 2017 95.6%
Weighted Average Lease Expiry As at 30 June 2017 3.8 years
Key Tenants Mr. Max, 109 Cinema, Food Way, Sanki, Amipara, G.U., Miyawaki Shoten, Nishimatsuya