Real Estate Investment Property Introduction
Nikko Palace Minami-Azabu Units 102 & 103
Street-level retail property in Minami-Azabu 5-chome, a 4-minute walk from Tokyo Metro Hibiya Line Hiro-o Station. Units 102 and 103 provide 301.50 m² in total and are currently leased to a French restaurant, combining a prime location, strong visibility, and stable rental income.
- Exclusive Area
- 301.50 m²Unit 102: 116.47 m² / Unit 103: 185.03 m²
- Layout
- RetailGround-floor street frontage / Tenant-occupied
- Nearest Station
- Hiro-o Station: 4 min walk3 stations with multiple lines
- Price / Expected Rent
- JPY 1.32 billion (tax incl.)JPY 1,320,000,000
Exterior Image
Property Photos
Google Maps
Property Overview
| Location | 5-2-40 Minami-Azabu, Minato-ku, TokyoNikko Palace Minami-Azabu |
|---|---|
| Transportation Access |
|
| Structure & Scale | Reinforced concrete (RC), flat roof / 7 floors / Completed Aug 1978 / 58 units |
| Corresponding Floor | Ground floor / Units 102 & 103 / Total exclusive area 301.50 m² |
| Exclusive Area | 301.50 m²（Unit 102: 116.47 m² / Unit 103: 185.03 m²） |
| Layout | Retail |
| Current rent | JPY 3.3 million/month (tax incl.) |
| Gross yield | 3.00% |
| Equipment & Features | Freehold / Category I residential zone / Currently leased / French restaurant tenant / No parking / Self-managed / Handover by consultation |
Investment & Operation Points
Multiple lines and three stations
Hiro-o is a 4-minute walk, with Roppongi and Azabu-juban also within walking distance for access to the Hibiya, Oedo, Namboku, and Mita lines.
Street frontage on Gaien-Nishi-dori
The subject units occupy the ground floor with strong street visibility—well suited to retail operators who value customer access and brand presence.
Long-term value in Minami-Azabu 5-chome
A mature prime residential area between Hiro-o and Azabu with overlapping residential, dining, and international demand.
Income property leased to a French restaurant
Current rent is JPY 3.3 million per month including tax, with a stated gross yield of 3.00%. The sale is on a tenant-occupied basis.