3231 Route 27

3231 Route 27, Franklin Park, NJ 08823

Property Information

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 3,500 SF
  • Lot Size 1.48 Acre
  • Date Updated Apr 9, 2026

Description

 

 

1 Space Available

Full Building

Space Type

Retail

Lease Rate

Contact for pricing

Total Space

3,500 SF

Divisible Space

3,500 - 3,500 SF

Available Date

Immediate

Lease Type

NNN

Lease Term

From 20 To 20 Years

Renewal Option

Yes

Sublease

No

+/- 3,500 SF cannabis dispensary on +/- 1.48 acres

Located within a dense market with a daytime and residential population of

approximately 97,800 and 117,000 respectively within 5 miles

Strong vehicular traffic along Route 27 with over 24,000 vehicles per day connecting to major towns Princeton, New Brunswick and Edison amongst others

Located along Route 27, a prominent retail corridor with strong market co-tenancy including Wawa, Stop and Shop, CVS and Dunkin Donuts amongst other

national and local retailers

+/- 1.48-acre vacant lot with a variety of permitted uses available for

purchase alongside the dispensary

 Ability to purchase both properties at $4,200,000

Franklin Park has seen tremendous household median income growth with

an 11.5% increase from $95,000 to $106,000

Strong tenancy with the cannabis market in New Jersey rapidly expanding,

with recreational sales reaching $201 million in Q1 2024 - a 38% increase

from 2023.

20-year initial term with first two years fixed rate and 2% annual increases

Contacts

Anayah Goswami

Pierson Commercial Real Estate

Location

Located at 3231 Route 27, Franklin Park, NJ 08823, this property is part of the Franklin Park neighborhood and New Jersey market.

Contact Listing Broker
Anayah Goswami

Pierson Commercial Real Estate

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