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  3. Franklin
  4. Franklin Park
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For Sale

3231 Route 27

3231 Route 27, Franklin Township, NJ 08823

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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Anayah Goswami

Pierson Commercial Real Estate

Building Details

  • For Sale $3,230,769
  • Property Type Retail
  • Property Size 3,500 SF
  • Lot Size 1.48 Acre
  • Cap Rate % 6.5
  • NOI / YR $210,000.00
  • Date Updated Apr 9, 2026
  • Visibility/Traffic Count (VPD) 24,000

Getting Around

  • Walk Score ®

    Somewhat Walkable (64)
  • Bike Score ®

    Somewhat Bikeable (48)
Powered by Walk Score ®

Location

  • City Franklin Township, NJ
  • Neighborhood Franklin Park
  • Zip Code 08823
  • Market New Jersey

Points of Interest

New Brunswick

6.95 miles

Bridgewater

8.76 miles

Bound Brook

8.89 miles

Edison

9.32 miles

Somerville

9.83 miles

A & B Princeton Taxi and Limo Services

9.97 miles

BP

1.09 miles

Valero

1.31 miles

Exxon

1.40 miles

Shell

1.68 miles

Citgo

1.76 miles

RaceWay

1.92 miles

Costco Gasoline

2.26 miles

Tesla Supercharger

2.34 miles

Tesla Destination Charger

5.26 miles

Jersey Knights Soccer Club Parking

2.45 miles

Canal Road Lot

3.08 miles

D&R Canal Towpath Parking

3.18 miles

Griggstown native grassland preserve

3.23 miles

Tamerack Hollow Preserve Parking

4.16 miles

Back Parking Lot

4.32 miles

Tall Timbers Park Parking

4.47 miles

Patel Brothers

1.32 miles

Akshaya

1.57 miles

A&C Farmers Market

1.71 miles

Garden Farm Market

2.11 miles

Target

2.34 miles

ShopRite

3.09 miles

Patel Brothers Cash & Carry

3.18 miles

ALDI

3.76 miles

Burlington

4.72 miles

3231 Route 27 Listing Summary

  • What is the asking price at 3231 Route 27?

    3231 Route 27 is currently listed for sale at Contact for pricing.

  • What is the total size of 3231 Route 27?

    3231 Route 27 has a total of 3,500 square feet.

Contact Listing Broker
broker
Anayah Goswami

Pierson Commercial Real Estate

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