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    FOR LEASE
    Drive through restaurants

    510 W Union St, Newark, NY 14513

    2,720 SF 0.68 ac lot Built 1997
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-5447253
    Property summary
    AI-generated overview

    This exceptional 17,460 square foot multi-tenant convenience store, Pro-May Mall, is situated on a 1.56-acre lot in Newark, NY, within the Rochester MSA. Built in 1977, this property offers a compelling owner/user or investment opportunity with a triple-net (NNN) lease structure. The property boasts a prime location across from Newark Plaza, anchored by Wegmans and featuring other prominent retailers such as Secor Home & Hardware and Rent-A-Center. Nearby national brands include Wendy's, McDonald's, Tim Hortons, Burger King, Citizens Bank, Walgreens, Advance Auto Parts, and Sherwin Williams, ensuring high visibility and foot traffic. The property comprises two buildings: a former Family Dollar located at the rear and available space in a front strip building closer to Union Road. Both buildings are accessible from Union and Miller Streets. A pylon sign opportunity is available on the Wendy's pylon. This property is located in an Opportunity Zone and presents significant upside potential with existing vacancies and strong surrounding retail presence. The asking price is $650,000.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 1997
    Total area 2,720 SF
    Lot 0.68 ac (29,621 SF)
    Zoning code B3
    APN 542001 67111-20-949035
    UPID US63-5447253
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wendy's Restaurant Take-out & Catering
    • Great Wall Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Market Noodles INC · 1 yrs held
    Market Noodles INC
    since 2024
    3 recorded transactions
    2026
    2024
    $200,000
    2019
    $2.1M
    Zoning & alternative use
    B3 · Newark, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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