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Single-Tenant Car Wash
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811 W UNION ST, Newark, NY 14513

A corporately guaranteed absolute NNN lease assigns no property responsibilities to the landlord.

Property SizeContact for details
Days on Market6

Property Features for 811 W UNION ST

General Information

Standard status Active
Property subtype Retail, Special Purpose

Building Details

Tenancy Single
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #9009637
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 3:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ParaSell Inc

Investment Insights

Based on property information with market context.

The car wash at 811 W Union St in Newark, NY, is leased to Splash Car Wash under a corporately guaranteed absolute NNN structure. The landlord has no responsibilities under the lease. Its initial term runs for 20 years, with four additional five-year options. Annual rent increases of 1.50% apply throughout the initial term and option periods.

Key Highlights

  • Splash Car Wash is the single tenant under a corporate guarantee
  • Absolute NNN lease with no landlord responsibilities
  • 20‑year initial lease term

Property Analytics

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Current Use

Classy Chassy Car ... Car Wash Splash Car Wash ... Car Wash

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Parking Lot & Garage Storage Facility Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Groceries 27% Shops & Services 18% Apparel 14%
Wegmans Groceries
36,334 visits/mo 0.2 miles
McDonald's Dining
20,638 visits/mo 0.3 miles
Marshalls Apparel
19,207 visits/mo 0.3 miles
Wendy's Dining
12,477 visits/mo 0.3 miles
Burger King Dining
12,305 visits/mo 0.2 miles

Demographics for 14513, NY

13,459
Population
6,202
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
45.2 sq mi
ZIP Area
298
Density / Sq Mi
$61,117
Median Household Income
$37,790
Median Earnings
$1,027
Median Rent
$133,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - A corporately guaranteed absolute NNN lease assigns no property responsibilities to the landlord.
Where is this car wash located?
The property is located at 811 W UNION ST Newark, NY.
What is the asking price?
The asking price for this property is $3,441,063.
What are key features of this property?
This property features: Splash Car Wash is the single tenant under a corporate guarantee; Absolute NNN lease with no landlord responsibilities; 20‑year initial lease term
(949) 942-6585 Call to check price and availability
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