- For Lease Contact for pricing
- Property Type Retail
- Property Size 3,500 SF
- Lot Size 1.48 Acre
- Date Updated Apr 9, 2026
Description
True
1 Space Available
Full Building
Retail
Contact for pricing
3,500 SF
3,500 - 3,500 SF
Immediate
NNN
From 20 To 20 Years
Yes
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
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.
Pierson Commercial Real Estate