WeCann is pleased to present a municipally supported and state-approved cannabis retail opportunity in Highland Park, New Jersey. This offering provides an efficient pathway into one of New Jersey’s limited-license cannabis market while avoiding much of the time, cost, and uncertainty associated with pursuing new approvals and development.

The opportunity includes local municipal support, annual state approval, substantially completed construction, and exceptionally low occupancy costs. Located within an established retail corridor near Rutgers University and surrounding Middlesex County communities, the site benefits from strong commuter activity, dense residential populations, and regional accessibility.

Highland Park has capped cannabis retail licenses, with all available licenses already awarded, creating a meaningful barrier to entry for future operators.

Investment Highlights

Limited License Market — Highland Park retail licenses are fully awarded, creating scarcity and barriers to entry
Municipal & State Approved — Includes local support and annual state approval
Near Turn-Key Opportunity — Construction substantially completed with remaining work primarily consisting of millwork and security installation
Existing Assets Included — Existing equipment and security infrastructure may be included
Attractive Entry Basis — Asking Price: $350,000
Low Occupancy Cost — Approximately $2,300/month rent with 3% annual increases
Long-Term Lease Security — Initial 5-year lease plus three (3) additional 5-year renewal options
Woman Business Enterprise Opportunity — Existing ownership structure may provide strategic value

Property Highlights

~750 SF efficient retail footprint designed to maximize operating efficiency while maintaining low occupancy costs
- Located within an approximately 15,956 SF building
75 on-site parking spaces
Situated within an established retail and commuter corridor serving local and regional consumers
Near Rutgers University and dense Middlesex County population centers
Significant construction and infrastructure work already completed

Market Dynamics

Highland Park Retail Cap: 5 licenses
Remaining Available Licenses: 0
Edison Retail Licenses: 3
North Brunswick Retail Licenses: 2
New Brunswick Retail Licenses: 2
Strong regional draw from surrounding Middlesex County communities
Dense residential population and daytime employment base
Proximity to Rutgers University creates additional consumer activity and foot traffic
Convenient access to major transportation routes serving surrounding markets

Specific property information, address details, and additional due diligence materials will be provided upon execution of a Non-Disclosure Agreement.

Disclaimer:

All information contained herein is provided for general informational and marketing purposes only and is believed to be derived from sources deemed reliable; however, no representation or warranty, express or implied, is made as to the accuracy, completeness, or current applicability of such information. Information presented may include, but is not limited to, regulatory, licensing, zoning, market, financial, and operational data, all of which are subject to change without notice. Prospective purchasers are solely responsible for conducting their own independent due diligence and are encouraged to verify all information with appropriate governmental authorities and professional advisors prior to making any investment or acquisition decision.

Meilad Rafiei – License# 01788589 – WeCann