Incheon Square One is a major retail asset representing the southwestern area of Incheon, and a large-scale mixed-use shopping mall with a total gross floor area of approximately 51,000 pyeong, directly connected to Dongchun Station on Incheon Subway Line 1. It benefits from strong accessibility to the airport, port, and nearby industrial complexes, while Dongchun-dong, Yeonsu-dong, and Okryeon-dong serve as its primary residential catchment areas, supporting solid foot traffic and residential demand. Rental income for Incheon Square One is paid to the REIT by the tenants, Seobu T&D and Homeplus, in the form of fixed rent linked to CPI.
| Building Name | Square 1 |
|---|---|
| Address | 210, Cheongneung-daero, Yeonsu-gu, Incheon |
| Site Area | 14,534 pyeong |
| Gross Floor Area | 51,145 pyeong |
| Building Scale | B3/5F |
| Completion / Opening | June 2013 / October 2012 |
| Tenant | Seobu T&D (master lease agreement), Homeplus (long-term lease agreement) |