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Panera Bread Restaurant Property
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15 N Airmont Rd, Suffern, NY 10901

Brand-new restaurant development with a 15-year NNN ground lease in Suffern, New York.

Property Size4,430 SF
Lot Size1.43 Acres
Days on Market132

Property Features for 15 N Airmont Rd

General Information

Standard status Active
Size 4,430 SF
Lot size 1.43 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 23 Changed: Aug 31 Last Checked: Aug 31 at 6:56AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This brand-new Panera Bread restaurant property is planned for 4,430 rentable square feet on an estimated 1.43-acre parcel at 15 North Airmont Road in Suffern, NY. The newly constructed building is being developed as a restaurant asset associated with the Panera Bread brand.

The property will be subject to a 15-year triple-net ground lease beginning at the close of escrow. Contractual rent increases are set at 8.0% every five years during the initial term and applicable option periods. The lease includes four additional five-year renewal options, allowing for a total possible term of 35 years.

Key Highlights

  • Panera Bread restaurant property at 15 North Airmont Road, Suffern, NY 10901
  • Planned 4,430 rentable SF building
  • Estimated 1.43‑acre parcel

Property Analytics

Current Use

Panera Bread Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Auto Parts Store Parking Lot & Garage Hair Salon Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby
188k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 60% Dining 25% Shops & Services 11% Hotels & Casinos 4%
Walmart Superstores
112,787 visits/mo 0.3 miles
Starbucks Dining
13,886 visits/mo 0.4 miles
Citibank Shops & Services
12,797 visits/mo 0.4 miles
Panera Bread Dining
12,439 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,337 visits/mo 0.3 miles

Demographics for 10901, NY

25,145
Population
9,674
Households
2.6
Avg Household Size
42
Median Age
48%
College-Educated
90%
High-School Grad
23.5 sq mi
ZIP Area
1,070
Density / Sq Mi
$114,651
Median Household Income
$59,561
Median Earnings
$1,746
Median Rent
$490,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Brand-new restaurant development with a 15-year NNN ground lease in Suffern, New York.
Where is this conventional restaurant located?
The property is located at 15 N Airmont Rd Suffern, NY.
What are key features of this property?
This property features: Panera Bread restaurant property at 15 North Airmont Road, Suffern, NY 10901; Planned 4,430 rentable SF building; Estimated 1.43‑acre parcel
(332) 345-4222 Call to check price and availability
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