Listing ID : 916162
Listed On October 7, 2025 92
Listing Updated October 7, 2025
Hotel Executive Suites in Carteret, NJ offers a unique, fully approved opportunity for cannabis and lifestyle hospitality operators in one of New Jersey’s most accessible and high-traffic corridors.
The property’s restaurant component Apple’s Mexican & Italian Bar Restaurant (Apple Mexican Italian Restaurant and Bar – Carteret, NJ) is currently leased and income-producing, while two interior spaces are available for cannabis-related or experiential retail use:
Banquet Space (2,500+ sq ft): Ideal for a dispensary, event venue, or hybrid retail concept (starting at $25,000 NNN)
Lounge Space (1,000+ sq ft): Perfect for a boutique dispensary, consumption lounge, or experiential retail model (starting at $12,000 NNN)
Both spaces are subdividable, allowing flexible configurations for phased buildouts or multi-operator use. The property also carries an active liquor license, supporting a range of hospitality integrations now or later.
Key On-Site Advantages
Active liquor license included
Ample on-site parking suitable for daily operations and large events
Built-in customer base from hotel guests and the surrounding community
Excellent visibility and signage along major traffic routes
Turnkey infrastructure with zoning, municipal cannabis approval, and licensing already secured
Unmatched Accessibility
Interstate 95 / NJ Turnpike – Adjacent:
One of the most traveled corridors in the U.S., connecting Philadelphia, Baltimore, and D.C. southbound, with direct access northbound to Newark Airport (~15 mins), NYC (~30 mins), and Boston.
Route 1 & 9 – Parallel to Site:
A toll-free, high-traffic artery serving northern New Jersey’s residential, logistics, and retail centers.
Next Steps
Interest has been high. To move forward, prospective tenants are encouraged to submit a Letter of Intent (LOI) outlining proposed use, term, and financial terms to initiate discussions.
Contact Listing Owner
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