Cannabis Dispensary on 1.48
For Lease
Contact for pricing
3231 State Route 27, Franklin Park, NJ 08823
Cannabis dispensary on 1.48 acres in dense market.
Space Size3,500 SF
Days on Market306
Property Features for 3231 State Route 27
General Information
Standard status
Active
Size
3,500 SF
Property subtype
RETAIL
Spaces For Lease
at 3231 State Route 27 Contact us- Floor
- Bldg
- Size
- 3,500 SF
- Type
- RETAIL
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
3231 State Route 27
- +/- 3,500 SF cannabis dispensary on +/- 1.48 acres
- Located within a dense market...
show more
Contact us
Listing Agency:
Pierson Commercial Real Estate
(732) 707-6900
Listed By:
Anayah Goswami
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Sep 6
Last Checked: Sep 26 at 6:23AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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).
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 08823, NJ
9,282
Population
3,445
Households
2.7
Avg Household Size
40
Median Age
58%
College-Educated
92%
High-School Grad
3.5 sq mi
ZIP Area
2,652
Density / Sq Mi
$109,182
Median Household Income
$54,995
Median Earnings
$2,242
Median Rent
$279,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 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).
