AEON REIT Investment Corporation

Securities Code:3292

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RSC-1

AEON MALL Morioka

  • AEON MALL Morioka1
  • AEON MALL Morioka3
  • AEON MALL Morioka4
Property number RSC-1
Property name AEON MALL Morioka
URL http://morioka-aeonmall.com/
Location Morioka City, Iwate Pref.
Type Regional shopping center (RSC)

Property Features

Approximately 110 Specialty Stores Concentrated Around a General Merchandise Store Directly Operated by Aeon Group

●AEON MALL Morioka is a mall-type regional shopping center that opened in August 2003. The end tenants consist of approximately 110 specialty stores concentrated around a general merchandise store directly operated by Aeon Group.
●The anchor tenants include general merchandise stores directly operated by Aeon Group on one end, and on the opposite end, SPORTS AUTHORITY and GAP are located on the first floor while TOSANDO Books is located on the second floor. This property employs a 2-anchor-with-1-mall format.
●The property features a wide floor area, and provides an attractive, spacious shopping area as well as rooftop, underground and surface-level parking lots (partially on the second floor) with a capacity for approximately 2,800 vehicles.
●AEON MALL Morioka has approximately 45,000 m² of retail floor space, making it one of the largest retail properties in the Morioka City area, including the department stores within Morioka City. It shares the trade area in an even split with AEON MALL Morioka South, which opened in September 2006.

Trade-Area Characteristics

●According to national census, when looking at trade-area population by distance from the property, approximately 67,000 people live within a 3 km radius of the property, roughly 162,000 people live within a 5 km radius, and approximately 328,000 people live within a 10 km radius. This property has the potential to attract customers from a wide area exceeding a 10 km radius. Over 10 km can be covered by car in 30 minutes. Hence, it is a prime location with the necessary access to attract customers from a wide area.

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Key Property Data

Property name AEON MALL Morioka
Address 4-7-1, Maegata, Morioka-shi, Iwate
Type of specified asset Trust beneficiary interests
Acquisition date November 22,2013
Acquisition price ¥5,340 million
Land Lot area (Note 1) 74,749.90㎡
Building Completion date July 23, 2003
June 22, 2006 (of expansion)
Structure / Floors Steel-framed, flat roof / 3 stories above ground with 1 story below ground
Total floor area 98,968.59 m²
Property management company AEON DELIGHT CO., LTD.
Master lease company AEON Mall Co., Ltd.
(Note)
(Note 1) Includes the leased land portion of 48,087.17 m².
(Note 2)
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Awards, etc.

●Acquisition of DBJ Green Building Certification「2018★★★★」

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