Map of Property

3231 Route 27

For Sale

3231 Route 27, Franklin Township, NJ 08823

This Franklin Township property for sale is located at 3231 Route 27. The current listed sale price for 3231 Route 27 is $3,230,769. 3231 Route 27 is situated on a lot that is 1.48 acre in size.

Contacts

Anayah Goswami

Pierson Commercial Real Estate

Property Details

  • 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

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

Getting around

  • 64/100

    Walk Score ®

  • 48/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • Jersey Avenue

    5.21 miles

  • 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

  • Wawa

    0.05 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

  • Six Mile Run Reservoir Site Parking

    2.43 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

  • Dunkin'

    0.25 miles

  • Joe's Deli and Restaurant

    0.40 miles

  • Papa John's Pizza

    0.41 miles

  • Pho 99

    0.41 miles

  • Moghul Express

    0.49 miles

  • Sonic

    0.50 miles

  • Tastee Sub Shop II

    0.55 miles

  • Kumo 27

    0.71 miles

  • Bikanervala

    0.94 miles

  • Gyro King

    0.94 miles

  • Stop & Shop

    0.61 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

Contact Listing Broker
Anayah Goswami

Pierson Commercial Real Estate

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.