Kobe, Hyogo — Retail Cap Rates & Price per Sqm
5 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
5
Median CR (all time)
3.80%
CR range (last 3 years)
3.6–5.1%
Avg. price (all time)
98.9×¥100M
2 transactions were disclosed in the last 12 months. The all-time median cap rate across 3 deals is 3.80%.
Cap rate trend (monthly median)
Calculated from disclosed cap rates (appraisal NOI yield). See the table below for individual sources.
Breakdown by ward
| Ward | Transactions | Cap rate |
|---|---|---|
| 神戸市中央区 | 4 | 3.80% |
| 神戸市兵庫区 | 1 | — |
All transactions (5)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/05 | Kobe Kyukyoryuchi No. 25 | 中央区 | 262.6×¥100M | 3.60% | 16 | REIT-IR ↗ |
| 2025/11 | Housing Design Center Kobe | 中央区 | 72.4×¥100M | 5.10% | 31 | REIT-IR ↗ |
| 2024/02 | ラウンドワン三宮駅前店 | 中央区 | 38.0×¥100M | 3.80% | — | REIT-IR ↗ |
| 2021/10 | ヒューリック神戸ビル | 中央区 | 67.1×¥100M | — | 31 | REIT-IR ↗ |
FAQ
What is the average Retail cap rate in Kobe, Hyogo?
The median cap rate across 3 J-REIT disclosed transactions (all time) is 3.80% (as of September 21, 2026, appraisal NOI yield basis).
What is the data source?
Timely-disclosure PDFs published on each J-REIT official IR page. Every record links to its source.