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Supermarket in Kaiserslautern
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Kaiserslautern has approximately 100.000 inhabitants and is located in the federal state of Rhineland-Palatinate. The city is an important IT and communication center,there are also a widely known university, technical college and a lot of research institutes.

Price 1 673 000 EUR

Plot area9145 m2
Property area2243 m2
Year built2008
Number of parking spaces91
Rented outyes
Rentable area2243 m2
Current year’s income167 000 €
Full year’s income239 000 €
Actual yield9.98%
Potential yield14.29%

Purchase costs
Notarization25 095 €
Purchase tax83 650 €
Brokerage commission (6% excl VAT)100 380 €
Total209 125 €
Property description:

The building is located near the busy highway. The anchor tenant is the NETTO network. The lease contract until 2022. The network of the Netto supermarkets was created in 1983. The first supermarket was open in Bavaria. In the nineties the network started developing actively, and in 2005 the Edeka brand was attached to a network. Netto is considered the largest grocery discounter in Germany. Every year the net profit of Netto increases. In the adjacent territory there is a gas station.

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