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