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Shinagawa / Gotanda / Meguro |
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Area
Overview

Shinagawa Inter-City |
Expected expansion with the extension of Shinkansen Line (The
Bullet Train) to Shinagawa Station and new connection of Rinkaisen Line between Osaki
and Odaiba area. Following to the appearance of Gate City (Osaki Station) and Tennozu
business community (in Tennozu Isle), Shinagawa Intercity (Shinagawa Station, East
Exit) has established strong publicity of a new business community. Relatively lower
rents than central average. Suitable for large space needs. |
Accessibility
| - |
JR Line (Yamanote) : Shinagawa Sta., Osaki Sta., Gotanda Sta.,
Meguro Sta. |
| - |
JR Line (Keihin-Tohoku / Tokaido / Yokosuka) : Shinagawa Sta. |
| - |
JR Line (Rinkai) : Osaki Sta. |
| - |
Nanboku Line : Meguro Sta. |
| - |
Mita Line : Meguro Sta. |
| - |
Toei-Asakusa Line : Gotanda Sta., Takanawadai Sta. |
| - |
Shinkansen Express : Shinagawa Sta. |
Major Business
Complex
| Shinagawa Inter-City |
Gate City Osaki |
| Osaki New City |
Gotenyama Hills |
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Rental Market Basics
| Description |
Area (tsubo) |
Area (sq.m.) |
Area (sq.ft.) |
| Gross Area: Zone |
1,411,393 |
4,665,762 |
50,203,600 |
| Gross Area: Rental office space |
371,424 |
1,227,848 |
13,211,645 |
| Gross Area: New rental space in 2002 |
298 |
986 |
10,610 |
| Gross Area: Rental space demended in
2002 |
-3,335 |
-11,025 |
-118,629 |
| Vacancy Rate |
4.18% |
| Net Rent (¥ / M) *Exclusive
of mgt.fee |
¥14,483 |
|
(Note; Each rent does figure not include a management fee.)
Supply-Demand Balance Change

Market Rates by Building Age & Floor Size
| Description |
Avg. Deposit
(¥ / 3.3 sq.m.) |
Avg. Net Rent
(¥ / 3.3 sq.m. / month) |
Market Rental
Rate by
Property Age |
5 years or above |
¥138,225 |
¥14,460 |
| 1-4 years |
¥214,000 |
¥20,070 |
| New-built space |
¥190,000 |
¥19,950 |
 |
Market Rental
Rate by
Property Size |
Below 500 tsubo |
¥113,650 |
¥13,008 |
| 500-1,000 tsubo |
¥139,900 |
¥14,950 |
| 1,000-3,000 tsubo |
¥144,800 |
¥14,215 |
| 3,000 tsubo or above |
¥258,334 |
¥22,310 |
|
(Note; Each rent does figure not include a management fee.)
Avg. Net Rent Change
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