
Franklin, New Jersey
Type: Turnkey Dispensary
Size: 3,274 sqft. | .23 acres
- Full description below -
Franklin Township, New Jersey
🌿 Turnkey Cannabis Dispensary | Property + Business Package | Prime Corner Lot near Rutgers University | $2.4M
📊 Investment Highlights
Asking Price: $2,400,000
Property Type: Retail
Sub Type: Free-Standing Cannabis Dispensary
Investment Type: Owner/User
Class: C
Tenancy: Multi-Level | Single Business Use
Square Footage: ±3,274 SF
Year Built: 1952
Stories: 3
Lot Size: ±0.23 Acres
Zoning: NB – Neighborhood Business
Parking: ±11 On-Site Spaces (6.94 / 1,000 SF)
Occupancy: 100%
🧾 Executive Summary
An exceptional opportunity to acquire a turnkey, fully operational cannabis dispensary that includes both the real estate and business in a high-traffic, high-demand corridor of Franklin Township, New Jersey — just five minutes from Rutgers University.
Positioned on a prominent corner lot with direct visibility and accessibility, this 3,274 SF multi-level retail buildingfeatures a modernized retail dispensary, secure vault and storage area, and private office or lounge space on the upper levels. The property includes on-site parking for approximately 11 vehicles, ensuring convenience for both customers and staff.
With its streamlined integration for delivery operations and proximity to a major university and residential base, this location offers an ideal platform for an expanding cannabis operator or an owner-user seeking immediate market entry in a limited-license jurisdiction.
The property’s NB (Neighborhood Business) zoning supports retail, office, and service-related uses, making this a flexible investment in a rapidly growing sector of New Jersey’s cannabis economy.
🏢 Property Overview
Total Building Size: ±3,274 SF
Lot Size: ±0.23 Acres
Configuration: Multi-Level (Retail | Vault | Lounge/Office)
Zoning: NB – Neighborhood Business
Parking: ±11 Spaces | Private On-Site Lot
Access: Corner Lot with Two Points of Ingress/Egress
Condition: Turnkey Cannabis Operation | Updated Systems
Delivery Operations: Integrated On-Site Infrastructure for Delivery Service
📍 Location Highlights
Strategically positioned in Franklin Township (Somerset County), this property offers exceptional access to Rutgers University (5 minutes), New Brunswick, and surrounding high-income neighborhoods.
The site sits near major arterial roads connecting to Route 27 and Interstate 287, providing visibility to a steady flow of commuters and students. Franklin Township’s diverse demographic base, coupled with proximity to the region’s educational, residential, and research institutions, provides a strong and sustainable customer foundation.
🎓 Rutgers University – 5 minutes (50,000+ students and staff)
🚗 Route 27 & I-287 Access – Regional connectivity to New Brunswick & Princeton
🏙️ Surrounding Markets: Edison, Somerset, and North Brunswick
🏬 Nearby Retail Synergy: Wawa, CVS, Stop & Shop, Dunkin’, and other national retailers
🌿 Business & Cannabis Advantage
Turnkey Dispensary Package: Real Estate + Cannabis Business
Prime Retail Location: Corner Lot with High Visibility
Proximity to Major University & Dense Residential Area
On-Site Parking for 11 Vehicles
Integrated Infrastructure for Cannabis Delivery Operations
Zoned NB – Cannabis Retail Permitted
Ideal for Owner-Operators or Expansion of Existing MSO Portfolio
💡 Summary of Opportunity
✅ Turnkey Cannabis Dispensary – Real Estate + Business Sale
🌆 5 Minutes from Rutgers University | High-Traffic Corner Lot
🚘 Ample Parking (11 Spaces) | Streamlined Delivery Setup
🏢 Multi-Level Layout with Retail, Vault, and Office/Lounge Space
💰 Strong Market Fundamentals | Central New Jersey Growth Corridor
📍 Franklin Township, NJ – Expanding Cannabis Market Region
Offered Exclusively by Licensed Agents / Brokers
Listing #8032








