Offered at $2,400,000, this exclusive sale includes both the real estate and a fully turnkey cannabis retail business with attached licensing. This is a rare opportunity to acquire a complete, operational dispensary package in the heart of Somerset, New Jersey, providing investors and operators with immediate entry into one of the most competitive cannabis markets in the country.
The Property: The dispensary is located on a prominent corner lot with strong visibility and on-site parking for approximately 11 vehicles. The building is a sole-use retail structure designed specifically for cannabis operations and spans three levels. The main retail floor serves as a customer-facing dispensary space with modern build-out and compliance-driven design. The lower level is configured with a secure vault, staff facilities and storage areas to meet regulatory standards. The upper level features an owner’s lounge and private office, providing space for management or executive use. The property’s layout supports efficient customer flow, staff security and regulatory compliance, making it fully ready for immediate takeover.
The Business: Included in the transaction is a Class 5 Cannabis Retail License issued by the New Jersey Cannabis Regulatory Commission. The turnkey business package features a fully integrated technology stack, including Dutchie’s POS and e-commerce system with loyalty integration, KayaPush for payroll and HR, and ADT-monitored security systems. The sale also includes fixtures, inventory and fully developed SOPs to ensure operational continuity. This business has been built to meet New Jersey’s strict compliance requirements, offering an incoming operator the ability to step into a fully operational dispensary without the delays and costs of licensing, build-out, and vendor onboarding.
Location Advantage: The property is strategically located in Somerset within Franklin Township, just five minutes from Rutgers University – New Brunswick, a campus with more than 50,000 students. This proximity ensures a built-in consumer base and consistent traffic. The site is further supported by its placement within a densely populated residential and retail corridor, with strong commuter patterns and easy access to major highways. The combination of a corner-lot presence, parking availability, and adjacency to one of the largest universities in the region positions this asset as a long-term, high-demand retail location.
Future Potential: Beyond retail sales, the property is well suited for streamlined integration of cannabis delivery operations, providing an incoming operator with an additional revenue channel. With secure lower-level space already in place and licensing positioned to support future expansion, this opportunity is structured not only for today’s retail demand but also for scalable growth as the market continues to evolve.
Investment Summary: This offering represents one of the few opportunities in New Jersey to acquire both fee simple real estate and an operating cannabis dispensary in one transaction. The purchase structure is as follows: $1,450,000 for the real estate, including the corner lot, sole retail dispensary structure, and on-site parking. $950,000 for the turnkey cannabis retail business, including licensing, systems, operations, inventory, and infrastructure.
With $2,400,000 all-in, this sale provides investors and operators a secure foothold in New Jersey’s regulated cannabis market, delivering both the stability of real estate ownership and the upside of a fully licensed, fully operational cannabis retail business.
Full Offering Memorandum, financials, and supporting documentation are available upon request and subject to verification.
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Arianna Nieves is the Head of Cannabis for JC Luxury Group and a top-tier commercial real estate specialist across the Tri-State area. Focused exclusively on commercial assets, Arianna leads deals ranging from traditional lease-ups to complex ground-up developments. Since the legalization of recreational cannabis, she has served as a trusted ad...
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