# Nagoya Class A Office Market

> Nagoya Class A office rents around ¥26,000/tsubo/mo · ≈ $58.7 PSF/yr USD, with 5.4% vacancy and 4 months of typical rent-free on a 5-year term.

**Canonical URL:** https://classa.info/cities/nagoya
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Toyota Motor and the broader Toyota group (Denso, Aisin) anchor structural automotive demand.
- Meieki (around Nagoya Station) and Sakae anchor the trophy tier.
- Class A vacancy near 5% — among the tightest in Japan.
- Linear Chuo Shinkansen (maglev to Tokyo, target 2027+) will reshape post-2030 commute economics.

## Key facts
- **city**: Nagoya
- **country**: Japan
- **region**: APAC
- **classARentLocal**: ¥26,000/tsubo/mo · ≈ $58.7 PSF/yr USD
- **classARentUsd**: $58.746824344072486/sqft/yr
- **vacancyPct**: 5.4%
- **typicalLeaseYears**: 5
- **typicalRentFreeMonths**: 4
- **submarkets**: 5
- **corporateTaxPct**: 30.62%
- **talentIndex**: 84

## FAQ
### What is the impact of Toyota?
Material and structural. Toyota Motor (Toyota City, 30 minutes east), Denso, Aisin, and a deep tier-1 supplier cluster anchor Nagoya's automotive engineering Class A demand.

### How does Nagoya compare to Tokyo or Osaka?
Nagoya offers material rent discount to Tokyo (~50%) and ~10-15% discount to Osaka. Automotive engineering depth is materially stronger; financial services depth is shallower.

### What is the impact of Linear Chuo Shinkansen?
Material long-term. The maglev (target Tokyo-Nagoya 2027+, Osaka 2037+) will reduce Tokyo-Nagoya travel from 90 minutes to 40 minutes — anchoring a multi-decade commute and tenancy re-rating.

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Citation: Source: Class A Atlas (https://classa.info/cities/nagoya), updated 2026-04-15T00:00:00.000Z.