Shopping Center Retail
For Lease
$24 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease, OCEAN CITY, MD
Space Size20,000 SF
Lot Size21.15 Acres
Days on Market217
Property Features for 12741 OCEAN Gateway
General Information
Property type
Other
Property subtype
Retail
Parking
600
Parking features
Parking Lot
Elementary school district
WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district
WORCESTER COUNTY PUBLIC SCHOOLS
High school district
WORCESTER COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
21.15 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1996
Building materials
Mixed
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Kelly Jeter · License #666318
(443) 758-7170
Added: Feb 5
Changed: Sep 5
Last Checked: Sep 10 at 12:06PM
MLS# MDWO2035896
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former Hanes store offers an open retail layout within Outlets Ocean City, with 3 fitting rooms, separate customer and employee restrooms, a storage room, and a manager office. The space may be combined with neighboring units to create up to 20,000 SF of retail area. Central heating and central air conditioning serve the premises, with shared parking available in the center’s parking lot.
The property is located at 12741 Ocean Gateway in Ocean City, Maryland. Ocean Gateway carries approximately 32,700 VPD, and the center is minutes from the Boardwalk and beaches. National retailers at the center include HomeGoods, Old Navy, Under Armour, and Coach. The 21.15-acre property was built in 1996 and serves a market that includes local residents and seasonal visitors.
The property is located at 12741 Ocean Gateway in Ocean City, Maryland. Ocean Gateway carries approximately 32,700 VPD, and the center is minutes from the Boardwalk and beaches. National retailers at the center include HomeGoods, Old Navy, Under Armour, and Coach. The 21.15-acre property was built in 1996 and serves a market that includes local residents and seasonal visitors.
Key Highlights
- Up to 20,000 SF possible through consolidation with neighboring units
- Open floor plan with 3 fitting rooms
- Two restrooms: one customer and one employee
Property Analytics
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Current Use
Lease Details
32,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
323k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Dining 27%
Shops & Services 18%
Home Improvements & Furnishings 8%
Marshalls
Apparel
31,117 visits/mo
0.2 miles
Chick-fil-A
Dining
29,932 visits/mo
0.3 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.3 miles
Staples
Office Supplies
18,495 visits/mo
0.2 miles
Demographics for 21842, MD
11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
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Market
Lease Benchmarks for Ocean City, MD
$22.24 /SF/Yr
Avg Asking Price
$1.11–$26 /SF/Yr
Price Range
14,916 SF
Avg Space Size
This space is priced 8% above the average of $22.24 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Open retail layout includes fitting rooms, restrooms, storage, and a manager’s office.
Where is this shopping center located?
The property is located at 12741 OCEAN Gateway Ocean City, MD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Up to 20,000 SF possible through consolidation with neighboring units; Open floor plan with 3 fitting rooms; Two restrooms: one customer and one employee
