CVS Drug Store with NNN
For Sale
Contact for pricing
12001 Coastal Hwy, Ocean City, MD 21842
CVS operates under an absolute NNN lease with maintenance handled by the tenant.
Property SizeContact for details
Days on Market144
Property Features for 12001 Coastal Hwy
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Silber Investment Properties Ltd
(516) 864-8000
Listed By:
Stuart Frankel · License #NY 40FR1166711
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:06AM
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 Silber Investment Properties Ltd
Investment Insights
Based on property information with market context.
This drug store property is occupied by CVS Pharmacy under an absolute NNN lease. The tenant is responsible for all maintenance, creating a lease structure with clearly defined operating responsibilities.
Located at 12001 Coastal Hwy in Ocean City, Maryland, the store has served the location since 1998. CVS has also completed a 10-year lease extension, continuing the tenancy at this established pharmacy site.
Located at 12001 Coastal Hwy in Ocean City, Maryland, the store has served the location since 1998. CVS has also completed a 10-year lease extension, continuing the tenancy at this established pharmacy site.
Key Highlights
- CVS Pharmacy has operated at the location since 1998
- Absolute NNN lease structure
- CVS is responsible for all maintenance
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
534
Businesses Nearby
115k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 36%
Dining 35%
Groceries 16%
Hotels & Casinos 11%
Wawa
Shops & Services
26,413 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
18,565 visits/mo
0.3 miles
McDonald's
Dining
14,802 visits/mo
0.1 miles
Holiday Inn Express & Suites Ocean City
Hotels & Casinos
12,702 visits/mo
0.3 miles
Dollar Tree
Shops & Services
9,844 visits/mo
0.5 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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Rite Aid Pharmacy — 11401 Coastal Hwy, Ocean City, MD 21842
- CVS Pharmacy — 12001 Coastal Hwy, Ocean City, MD 21842
- CVS — 12001 Coastal Hwy, Ocean City, MD 21842
Frequently Asked Questions
What type of property is this?
Drug store - CVS operates under an absolute NNN lease with maintenance handled by the tenant.
Where is this drug store located?
The property is located at 12001 Coastal Hwy Ocean City, MD.
What are key features of this property?
This property features: CVS Pharmacy has operated at the location since 1998; Absolute NNN lease structure; CVS is responsible for all maintenance
