Property Description Hotel Executive Suites in Carteret, NJ presents a rare, fully-approved opportunity for cannabis, tesla superchargers, and lifestyle hospitality operators in one of New Jersey’s most strategically located corridors. While the restaurant component is currently leased and generating income, two prime interior spaces are available for cannabis-related use: A 2,500+ sq ft banquet space – ideal for a dispensary, event venue, or hybrid retail concept A separate 1,000+ sq ft lounge – perfect for a boutique dispensary, consumption lounge, or experiential retail model Both areas are subdividable, offering flexible options for phased buildouts or multi-operator concepts. The property also includes an active liquor license, which can support additional hospitality uses now or in the future. Key On-Site Advantages: Active liquor license included Ample on-site parking, suitable for both day-to-day operations and high-traffic events Strong existing customer base from hotel guests and surrounding community Excellent visibility and signage potential from major traffic arteries Turnkey infrastructure with zoning, municipal cannabis approval, and licensing already secured Unmatched Accessibility & Traffic Inputs: Interstate 95 / New Jersey Turnpike – Adjacent One of the most heavily trafficked corridors in the U.S., connecting Philadelphia, Baltimore, and D.C. (southbound) with EWR Airport (~15 mins), NYC (~30 mins), and Boston (northbound) Route 1 & 9 – Toll-Free and Parallel to Site A vital commercial and industrial artery serving Northern NJ, with direct access to key residential, logistics, and retail hubs Next Steps – High Interest Alert Due to strong demand from prospective tenants, the most effective way to engage is by submitting a Letter of Intent (LOI) to: ?? sagar@jurvo.co