Croesus Tachikawa
2-4-5 Akebonocho, Tachikawa-shi, Tokyo

Croesus Tachikawa is an income-producing retail property located in Tachikawa City, Tokyo, which was ranked the third most desirable city to live in due to its easy access to central Tokyo and is directly connected to the JR Tachikawa Station. Croesus Tachikawa’s leisure and food & beverage-oriented tenant mix appeals to commuters travelling through the JR Tachikawa Station, as well as to an increasing number of residents who are moving into Tachikawa City.

The property consists of three basement floors and eight floors above ground. Distribution of floor levels are however unique, with B1 located at street level while level 1 is positioned between the ground level and the pedestrian deck connecting to level 2.

Property Information
Net Lettable Area 7,140.8 sq m
Valuation As at 30 June 2017 JPY13,600 million
FY2017 Actual Net Property Income (NPI) From 1 July 2016 to 30 June 2017 JPY647.8 million
Annual NPI Yield (Based on Actual NPI divided by the purchase price) 6.0%
Occupancy Rate As at 30 June 2017 97.2%
Weighted Average Lease Expiry As at 30 June 2017 4.5 years
Key Tenants NEXUS Holdings, Taito