Neighborhood Office & Retail
For Lease
Contact for pricing
11932 OCEAN GTWY, Ocean City, MD 21842
Well-maintained office and retail center with abundant parking and excellent visibility along heavily traveled US Route 50.
Space Size1,656 SF - 1,800 SF
Property Size5,040 SF
Days on Market52
Property Features for 11932 OCEAN GTWY
General Information
Standard status
Active
Size
1,656 SF - 1,800 SF
Total Parking Spaces
156
Property subtype
Retail
Building Details
Building Size
5,040 SF
Year Built
2000
Tenancy
Multiple
Spaces For Lease
at 11932 OCEAN GTWY Contact us- Size
- 1,800 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
Unit 1
- Size
- 1,656 SF
- Type
- Retail
- Lease Type
- Gross
- Availability
- Active
Unit 11
Listing Agency:
Davis strategic
(410) 543-2491
Listed By:
Tonney Insley · License #RS-0037858
Source:
Crexi
Added: Jul 9
Changed: Aug 28
Last Checked: Aug 29 at 2:46AM
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 Davis strategic
Investment Insights
Based on property information with market context.
Ocean Gateway Center is a well-maintained neighborhood office and retail center with attractive architecture and a stable mix of service-oriented tenants.
The property is located along heavily traveled US Route 50 and is described as benefiting from excellent visibility and abundant parking. Long-term ownership is also noted in the property remarks.
Available configurations are described as office and retail space within the same center, supported by the center’s overall upkeep and established tenant mix.
The property is located along heavily traveled US Route 50 and is described as benefiting from excellent visibility and abundant parking. Long-term ownership is also noted in the property remarks.
Available configurations are described as office and retail space within the same center, supported by the center’s overall upkeep and established tenant mix.
Key Highlights
- Neighborhood office and retail center built in 2000
- Located along heavily traveled US Route 50 in West Ocean City
- Abundant on‑site parking
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Market
Lease Benchmarks for Ocean City, MD
$22.18 /SF/Yr
Avg Asking Price
$1.11–$26 /SF/Yr
Price Range
12,684 SF
Avg Space Size
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- 50st West Business Park — 12319 Ocean Gateway, Ocean City, MD 21842
Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained office and retail center with abundant parking and excellent visibility along heavily traveled US Route 50.
Where is this shopping center located?
The property is located at 11932 OCEAN GTWY Ocean City, MD.
What are key features of this property?
This property features: Neighborhood office and retail center built in 2000; Located along heavily traveled US Route 50 in West Ocean City; Abundant on‑site parking
