1 of 2

2 of 2

•  Media
• Map
• Street View

3231 State Route 27
Franklin Park, NJ 08823

$3,230,769 USD

Freestanding For Sale  •  3,500 SF

Property Details

• Property Type Freestanding
• Total Building Size 3,500 SF
• Lot Size 1.49 AC
• Building Class C
• Year Built 1950
• Tenancy Multiple
• Zoning NB

0 Transit Score

60 Walk Score

Highlights

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 others

+/- 1.48-acre vacant lot with a variety of permitted uses available for purchase alongside the dispensary

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

Property Flyers

3231 Route 27 OM

Public Transportation

Commuter Rail	Drive	Walk	Distance
Jersey Avenue (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit))	15 min	-	6.0 mi
New Brunswick (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit))	15 min	-	7.2 mi
Airport	Drive	Walk	Distance
Trenton Mercer	35 min	-	22.0 mi
Newark Liberty International	49 min	-	34.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes