Kawasaki, Kanagawa — Office Cap Rates & Price per Sqm
8 transactions from J-REIT timely disclosures｜Last updated: September 21, 2026 (refreshed weekly)
Transactions
8
Median CR (all time)
4.55%
CR range (last 3 years)
3.6–6.2%
Avg. price (all time)
137.3×¥100M
0 transactions were disclosed in the last 12 months. The all-time median cap rate across 8 deals is 4.55%.
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 |
|---|---|---|
| 川崎市幸区 | 3 | 4.50% |
| 川崎市川崎区 | 2 | 4.60% |
| 川崎市中原区 | 1 | 3.60% |
| 川崎市高津区 | 1 | 6.20% |
| 川崎市宮前区 | 1 | 4.80% |
All transactions (8)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2025/07 | フロンティア武蔵小杉N棟・S棟 | 中原区 | 290.0×¥100M | 3.60% | 15 | REIT-IR ↗ |
| 2025/06 | Kanagawa Science Park R&D Building | 高津区 | 52.1×¥100M | 6.20% | 36 | REIT-IR ↗ |
| 2024/12 | Kowa Kawasaki Higashiguchi Building | 川崎区 | 92.5×¥100M | 4.70% | — | REIT-IR ↗ |
| 2024/06 | Kawasaki Toshiba Building | 幸区 | 190.0×¥100M | 4.30% | 37 | REIT-IR ↗ |
| 2023/06 | Kowa Kawasaki Nishiguchi Building | 幸区 | 160.5×¥100M | 4.60% | — | REIT-IR ↗ |
| 2023/03 | KDX川崎駅前本町ビル | 川崎区 | 45.1×¥100M | 4.50% | 38 | REIT-IR ↗ |
| 2023/01 | Shin-Kawasaki Mitsui Building | 幸区 | 240.0×¥100M | 4.50% | 34 | REIT-IR ↗ |
Show transactions older than 5 years (1)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2021/09 | Miyazakidai Garden Office | 宮前区 | 28.0×¥100M | 4.80% | 28 | REIT-IR ↗ |
FAQ
What is the average Office cap rate in Kawasaki, Kanagawa?
The median cap rate across 8 J-REIT disclosed transactions (all time) is 4.55% (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.