Office Transactions & Cap Rates in Kawasaki
12 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
12
Median CR (all time)
4.55%
CR range (last 3 years)
4.2–6.2%
Avg. price (all time)
107.2×¥100M
0 transactions were disclosed in the last 12 months. The all-time median cap rate across 10 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 |
|---|---|---|
| 川崎市川崎区 | 3 | 4.60% |
| 川崎市宮前区 | 3 | 3.75% |
| 川崎市中原区 | 2 | 4.20% |
| 川崎市幸区 | 2 | 4.40% |
| 川崎市高津区 | 1 | 6.20% |
All transactions (12)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2025/07 | Frontier Musashi Kosugi Building S | 中原区 | 290.0×¥100M | 4.20% | 15 | REIT-IR ↗ |
| 2025/07 | Frontier Musashi Kosugi Building N | 中原区 | 290.0×¥100M | 4.20% | 15 | REIT-IR ↗ |
| 2025/06 | Artiza Kawasaki EAST | 川崎区 | 13.6×¥100M | 4.80% | 27 | REIT-IR ↗ |
| 2025/06 | Kanagawa Science Park R&D Building | 高津区 | 52.1×¥100M | 6.20% | 36 | REIT-IR ↗ |
| 2024/06 | Kawasaki Toshiba Building | 幸区 | 190.0×¥100M | 4.30% | 37 | REIT-IR ↗ |
| 2023/01 | Shin-Kawasaki Mitsui Building | 幸区 | 240.0×¥100M | 4.50% | 34 | REIT-IR ↗ |
| 2021/09 | Garden Office Miyazakidai | 宮前区 | 28.0×¥100M | 2.70% | 29 | REIT-IR ↗ |
| 2021/09 | Miyazakidai Garden Office | 宮前区 | 28.0×¥100M | 4.80% | 28 | REIT-IR ↗ |
| 2021/08 | Miyazakidai Garden Office | 宮前区 | 28.0×¥100M | — | 29 | REIT-IR ↗ |
Show transactions older than 5 years (3)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2019/12 | Kawasaki Sunago Building | 川崎区 | 30.8×¥100M | 4.60% | 29 | REIT-IR ↗ |
| 2019/09 | Kawasaki Sunago Building | 川崎区 | 30.8×¥100M | 4.60% | 29 | REIT-IR ↗ |
| 2002/09 | Kanagawa Science Park R&D Building | — | 65.6×¥100M | — | 14 | REIT-IR ↗ |
FAQ
What is the average cap rate for Office in Kawasaki?
The median cap rate across 10 J-REIT disclosed transactions (all time) is 4.55% (as of July 18, 2026, appraisal NOI yield basis).
What is the data source?
Disclosure PDFs from TDnet (Tokyo Stock Exchange timely disclosure) and official J-REIT IR pages. Every record links to its source.