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Prime Retail Spaces Available
For Lease
$28 SF/Yr NNN + CAM $2.80 /SF/Yr

11328 Samuel Bowen Boulevard, Berlin, MD 21811

Three retail spaces for lease in Ocean Landings II.

Space SizeContact for details
Days on Market169

Property Features for 11328 Samuel Bowen Boulevard

General Information

Standard status Active

Building Details

Year Built 2018
Listing Agency: Rinnier Development Co
Listed By: William Rinnier
Source: Selltheshore
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 9 at 10:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rinnier Development Co

Investment Insights

Based on property information with market context.

Three prime retail spaces are available for lease at Ocean Landings II, a shopping center completed in 2018. The center is anchored by Home Depot, WalMart, and McDonalds, with other tenants including Aldi, Verizon, iHOP, PetsMart, Dollar Tree, Michaels, Ross, Five Below, and Foxes Pizza. The property features a signalized entry from Rt 50 in west Ocean City. Parking is abundant. All units have new rooftop HVAC systems, sprinkler mains installed, 3 phase power, and gas available for heating. Leases are NNN, and CAM is an additional $2.80 per foot. These units are not being offered for additional restaurant tenants at this time.

Key Highlights

  • Prime retail spaces available in well‑established shopping center.
  • Anchored by Home Depot, WalMart, and McDonalds.
  • Signalized entry from Rt 50 in west Ocean City.

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Furniture & Home Goods Carpet & Flooring Store Barber Shop Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby
Well-served
Demand for This Use

Demographics for 21811, MD

23,907
Population
15,439
Households
1.5
Avg Household Size
52
Median Age
36%
College-Educated
94%
High-School Grad
101.5 sq mi
ZIP Area
236
Density / Sq Mi
$91,293
Median Household Income
$49,929
Median Earnings
$1,398
Median Rent
$362,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Three retail spaces for lease in Ocean Landings II.
Where is this shopping center located?
The property is located at 11328 Samuel Bowen Boulevard Berlin, MD.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime retail spaces available in well‑established shopping center.; Anchored by Home Depot, WalMart, and McDonalds.; Signalized entry from Rt 50 in west Ocean City.
More about this property
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