Industrial & Logistics

Anseong Iljuk Logistics Center

221-5 Bangcho-ri, Iljuk-myeon Anseong, Gyeonggi-do South Korea 17525
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Year Built 2017
Building Area Gross
Land Area Gross ()
Occupancy 100.0 %
Call for Offers 2022-04-08

Property description

Constructed in 2017 and 2019, the Anseong Iljuk

Logistics Center comprises of 98,942.98m2 (29,931py)

high-quality Grade A mixed type warehouse with 4

upper floors and 1 basement floor (Building A-1) and

4 upper floors (Building A-1). The Property provides

a strong income profile generated by its anchor and

sole tenant, Jisan Co., Ltd. The tenant master-leases

the entire property until February of 2027.

Investment highlights

Comprising GFA of 98,942.98m2 (29,930.25py), the Property is a Core logistics asset generating stable income flow, master-leased by Jisan Co., Ltd, a well-renowned domestic logistics company with a WALE of 5 years.

* 1. Korea 2000 Co., Ltd., an affiliate company of the Jisan Co.

Ltd., jointly guarantees the rental obligations of the tenant

(Jisan) to the Landlord

2. The tenant is insured by the Seoul Guarantee Insurance

Company for the rent payment

Last Updated Date: 18 Mar 2022

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Last Updated Date: 18 Mar 2022

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