Endcap Retail
For Lease
$24 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
restroom
fitting room area
storage room with overhead loading door
manager office
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# MDWO2035904
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 end-cap retail space provides an open floor plan with a restroom, fitting room area, storage room, manager’s office, and an overhead loading door. The premises can be combined with adjacent units to create up to 20,000 SF. Central heating and central air serve the space, with a parking lot available on the 21.15-acre retail center site. The building was constructed in 1996.
Located at 12741 Ocean Gateway in Ocean City, Maryland, the property faces Route 50 and sits along Ocean Gateway, which carries approximately ±32,700 VPD. Outlets Ocean City includes national retailers such as HomeGoods, Old Navy, Under Armour, and Coach. The center is near the Boardwalk and beaches and draws more than 8 million annual visitors, while the seasonal population exceeds 320,000.
Located at 12741 Ocean Gateway in Ocean City, Maryland, the property faces Route 50 and sits along Ocean Gateway, which carries approximately ±32,700 VPD. Outlets Ocean City includes national retailers such as HomeGoods, Old Navy, Under Armour, and Coach. The center is near the Boardwalk and beaches and draws more than 8 million annual visitors, while the seasonal population exceeds 320,000.
Key Highlights
- End‑cap position facing Route 50 at 12741 Ocean Gateway
- Up to 20,000 SF available through consolidation with neighboring units
- Open floor plan with restroom and fitting room area
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
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
753
Businesses Nearby
318k
Monthly Visits Nearby
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
0.3 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.2 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
$24.94 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
9,412 SF
Avg Space Size
This space is priced 4% below the average of $24.94 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Open-plan former retail space with fitting rooms, storage, an office, and an overhead loading door.
Where is this retail space 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: End‑cap position facing Route 50 at 12741 Ocean Gateway; Up to 20,000 SF available through consolidation with neighboring units; Open floor plan with restroom and fitting room area
