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.
Reach out to the broker for more info on lease terms and amenities
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Contacts
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
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Walk Score ®
Somewhat Walkable (64) -
Bike Score ®
Somewhat Bikeable (48)
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
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What is the asking price at 3231 Route 27?
3231 Route 27 is currently listed for sale at Contact for pricing.
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What is the total size of 3231 Route 27?
3231 Route 27 has a total of 3,500 square feet.
Pierson Commercial Real Estate