Japanese gross structure (rent inclusive of management fees, separate from common area maintenance).

  • Typical lease length: 5 years.
  • Typical rent-free: 6 months.
  • Vacancy: 6.8%; trend flat.
  • Japanese gross structure (rent inclusive of management fees, separate from common area maintenance).

Yokohama office lease norms

Japanese gross structure (rent inclusive of management fees, separate from common area maintenance).

TL;DR

  • Typical lease length: 5 years.
  • Typical rent-free: 6 months.
  • Vacancy: 6.8%; trend flat.
  • Japanese gross structure (rent inclusive of management fees, separate from common area maintenance).

Structure

Japanese gross structure (rent inclusive of management fees, separate from common area maintenance). 5-year terms standard with renewal options. Six-month security deposit typical. Rent-free of 3-6 months on 5-year terms.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

cityYokohama
countryJapan
regionAPAC
classARentLocal31000 JPY/sqft/yr
classARentUsd$248/sqft/yr
vacancy6.8%
typicalLeaseYears5
typicalRentFreeMonths6
submarkets5
primeYieldPct3.8%

Frequently asked questions

What's a typical lease term in Yokohama?
5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Yokohama?
In JPY/sqft/year. We also publish a USD-normalised view ($248/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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