Open-Plan Shopping Center
For Lease
$25 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease, OCEAN CITY, MD
Space SizeContact for details
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
Amenities
open floor plan
storage room
restroom
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# MDWO2035870
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 retail space at Outlets Ocean City provides an open floor plan with a dedicated storage room and restroom. The suite is part of a shopping center built in 1996 and includes central heating and central air, with parking available in the on-site lot.
The center occupies 21.15 acres along Ocean Gateway, which carries approximately 32,700 VPD. The property is near Ocean City's Boardwalk and beaches and is anchored by HomeGoods, Old Navy, Under Armour, and Coach. The location draws both local and seasonal visitors, with more than 8 million annual visitors and a seasonal population exceeding 320,000.
The center occupies 21.15 acres along Ocean Gateway, which carries approximately 32,700 VPD. The property is near Ocean City's Boardwalk and beaches and is anchored by HomeGoods, Old Navy, Under Armour, and Coach. The location draws both local and seasonal visitors, with more than 8 million annual visitors and a seasonal population exceeding 320,000.
Key Highlights
- Open floor plan with dedicated storage room and restroom
- Shopping center built in 1996 on 21.15 acres
- Located along Ocean Gateway with approximately 32,700 VPD
Property Analytics
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Open Analytics
Current Use
Lease Details
32,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
317k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Dining 26%
Shops & Services 18%
Home Improvements & Furnishings 8%
Marshalls
Apparel
31,117 visits/mo
0.3 miles
Chick-fil-A
Dining
29,932 visits/mo
0.2 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.5 miles
Staples
Office Supplies
18,495 visits/mo
0.3 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 12% 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 - Former retail space offers storage, a restroom, central HVAC, and access to a large on-site parking lot.
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 $25 SF/Yr.
What are key features of this property?
This property features: Open floor plan with dedicated storage room and restroom; Shopping center built in 1996 on 21.15 acres; Located along Ocean Gateway with approximately 32,700 VPD
