3231 State Route 27 Franklin Park, NJ
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Cannabis dispensary on 1.48 acres in dense market.
Type:RETAIL
Lot size:
1.57 Acres- Added:
- Oct 2, 2025
- Days on Market:
- 183
- Last Refresh:
- Mar 29 at 9:08 pm
Property Features for 3231 State Route 27
General Information
- Standard status
- Active
- Lot size
- 1.57 Acres
- Property subtype
- RETAIL
Listing agent Anayah Goswami
Listing office Pierson Commercial Real Estate (732) 707-6900
Listing date Oct 2, 2025
Source Moodyscre
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 Pierson Commercial Real Estate
Overview
Cannabis Dispensary on 1.48 Acres
This property features a +/- 3,500 SF cannabis dispensary situated on +/- 1.48 acres. The location benefits from a dense market, with a daytime population of approximately 97,800 and a residential population of approximately 117,000 within a 5-mile radius. The property experiences strong vehicular traffic along Route 27, with over 24,000 vehicles per day, connecting to major towns such as Princeton, New Brunswick, and Edison. Located along Route 27, a prominent retail corridor, the property benefits from strong market co-tenancy, including Wawa, Stop and Shop, CVS, and Dunkin Donuts, among other national and local retailers. The +/- 1.48-acre vacant lot has a variety of permitted uses available for purchase alongside the dispensary. Franklin Park has seen tremendous household median income growth with an 11.5% increase from $95,000 to $106,000. The cannabis market in New Jersey is rapidly expanding, offering strong tenancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Franklin Park
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4936
- Latitude
- 40.3749
FAQs
What type of property is this?
Retail space - Cannabis dispensary on 1.48 acres in dense market.
Where is this retail space located?
The property is located at 3231 State Route 27 Franklin Park, NJ.
What is the asking price?
The asking price for this property is $3,230,769.
What are key features of this property?
This property features: Established cannabis dispensary in a rapidly expanding New Jersey market.; +/- 1.48‑acre vacant lot with permitted uses available for purchase alongside the dispensary.; Located on Route 27, a prominent retail corridor with strong market co‑tenancy (Wawa, Stop and Shop, CVS, Dunkin Donuts).
