Property Features

Renovated from a station-front community shopping center capable of attracting customers for daily use products to a store addressing a shift to a senior-oriented market

●In response to the population composition of the trade area, the property is planned to operate as a store under the G.G. concept (a store providing “events,” “goods” and “services” mainly for senior customers).
●The property has a parking lot with a capacity for 290 vehicles to secure convenience for customers using cars. This allows expectations for attracting family households, etc. that live around the station.

Trade-Area Characteristics

●A one-minute walk from Kemigawahama Station on the JR Keiyo Line, the property features high convenience. Facing the main flow of station users, it also commands good visibility. The average number of daily passengers getting on and off trains at the station surpasses 30,000 people a day.
●The Masago and Isobe districts, for which Kemigawahama Station is the nearest station, are new town areas lined with mid- to high-rise housing complexes and standalone houses. The population of the two districts combined is over 40,000 people, placing them among the most densely populated areas in Chiba City.
●In the trade area within a radius of 1 km from the property, people in their 60s account for a high percentage, followed by family households in their 30s and 40s.
●With many stores and logistics bases of the AEON Group in the area including neighboring districts, the location allows the master lessee to operate the store efficiently, such as by reducing logistics and sales promotion costs.