Kannai / Bashamichi is a prime-tier Class A submarket of Yokohama with average asking rent around ¥22,000/tsubo/mo · ≈ $49.7 PSF/yr USD.
Heritage Meiji-era CBD. · Tier: prime · Avg rent: ¥22,000/tsubo">tsubo/mo · ≈ $49.7 PSF/yr USD
Kannai and Bashamichi anchor Yokohama's heritage Meiji-era Class A CBD — banking, government, and professional services in heritage and post-2000 mid-rise stock.
Banking, government (Kanagawa Prefectural Government), professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
JR Negishi (Kannai), Yokohama Municipal Subway (Bashamichi).
Multi-modal transit captures the metro's principal professional catchment.
Yokohama Stadium, Yokohama Park, Kanagawa Prefectural Government.
Kannai / Bashamichi is one of 5 Class A submarkets we cover in Yokohama, classified as prime tier with an average asking rent around ¥22,000/tsubo/mo · ≈ $49.7 PSF/yr USD. Compared with the broader Yokohama Class A stock, Kannai / Bashamichi typically attracts Banking, government (Kanagawa Prefectural Government), professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Kannai / Bashamichi: Minato Mirai 21, Yokohama Station West / East, Shin-Yokohama, Motomachi / Chinatown / Yamashita. The full Yokohama submarket atlas is at /cities/yokohama.
For an institutional Class A occupier evaluating Kannai / Bashamichi, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Yokohama Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.