Office Transactions & Cap Rates in Sendai
10 transactions from J-REIT timely disclosures｜Last updated: July 18, 2026 (refreshed weekly)
Transactions
10
Median CR (all time)
4.30%
CR range (last 3 years)
4.0–4.4%
Avg. price (all time)
22.5×¥100M
1 transactions were disclosed in the last 12 months. The all-time median cap rate across 5 deals is 4.30%.
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 |
|---|---|---|
| 仙台市青葉区 | 5 | 4.15% |
| 仙台市宮城野区 | 2 | 4.72% |
All transactions (10)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2026/03 | Jozendori Square Building | 青葉区 | 33.0×¥100M | — | 39 | REIT-IR ↗ |
| 2025/03 | Sendai Nikko Building | — | 12.9×¥100M | — | 37 | REIT-IR ↗ |
| 2025/03 | Sendai MT Building | 宮城野区 | 15.6×¥100M | 4.40% | 26 | REIT-IR ↗ |
| 2025/02 | Sendai Nikko Building | 青葉区 | 12.9×¥100M | 4.00% | 37 | REIT-IR ↗ |
| 2024/05 | Hashikura Medical Building | 青葉区 | 14.0×¥100M | — | 12 | REIT-IR ↗ |
| 2024/03 | Solara Garden Office | — | 11.3×¥100M | 4.30% | 14 | REIT-IR ↗ |
| 2023/02 | Sendai MT Building | 宮城野区 | 52.7×¥100M | 5.04% | 24 | REIT-IR ↗ |
| 2022/11 | MI Terrace Sendai Hirose-dori | 青葉区 | 20.2×¥100M | 4.30% | 31 | REIT-IR ↗ |
Show transactions older than 5 years (2)
| Date | Property | Ward | Price | Cap rate | Age | Source |
|---|---|---|---|---|---|---|
| 2021/06 | レキシントン・プラザ八幡 | — | 36.6×¥100M | — | 17 | REIT-IR ↗ |
| 2017/12 | Proceed Sendai Uesugi | 青葉区 | 15.6×¥100M | — | 1 | REIT-IR ↗ |
FAQ
What is the average cap rate for Office in Sendai?
The median cap rate across 5 J-REIT disclosed transactions (all time) is 4.30% (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.