15 N Airmont Rd, Suffern, NY 10901
Brand-new restaurant development with a 15-year NNN ground lease in Suffern, New York.
Property Features for 15 N Airmont Rd
General Information
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Investment Insights
Based on property information with market context.
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
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Demographics for 10901, NY
Market
Vacancy Rate% for Retail in Northeast region