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Retail Space with Storefront Windows
For Lease
$20 SF/Yr

12638 OCEAN Gtwy 11, Ocean City, MD 21842

Open retail configuration includes two large areas, an office or kitchenette, and one restroom.

Space Size2,000 SF
Days on Market128

Property Features for 12638 OCEAN Gtwy 11

General Information

Standard status Active
Size 2,000 SF
Net Rentable 2,000 SF
Property subtype Commercial
Lease Term 3 years

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF

Building Details

Year Built 2005
Listing Agency: SVN
Listed By: Florence Brotzman · License #597618
Source: Elliman
Added: Apr 28 Changed: Sep 2 Last Checked: Aug 30 at 3:30PM

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 SVN

Investment Insights

Based on property information with market context.

This 2,000 sq.ft. retail space occupies a modern strip-center setting and has a layout built around customer-facing commercial use. Large storefront windows provide the primary presentation area, while the interior includes two substantial open sections, an office or kitchenette area, and one restroom. The configuration can accommodate retail, professional services, or office operations as supported by the existing arrangement.

The property is located at 12638 OCEAN Gtwy 11 in Ocean City, MD, with a reported traffic count exceeding 33,000 vehicles daily. Ample parking is available at the center. The building was constructed in 2005, and the space is described as well-maintained. WalkScore is 46 and BikeScore is 50, with the property classified as Bikeable and Car-Dependent, respectively.

Key Highlights

  • 2,000 sq.ft. of retail space
  • Traffic count over 33,000 daily
  • Large storefront windows

Property Analytics

Current Use

West Marine Big Box & Wholesale Store Chic Boutique by ... Clothing Store A Perfect Face Day ... Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office Grocery & Convenience Store Veterinary Clinic Big Box & Wholesale Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby
283k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 34% Shops & Services 23% Dining 14% Home Improvements & Furnishings 9%
Marshalls Apparel
31,117 visits/mo 0.2 miles
Wawa Shops & Services
29,205 visits/mo 0.3 miles
HomeGoods Home Improvements & Furnishings
25,828 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
20,445 visits/mo 0.3 miles
Staples Office Supplies
18,495 visits/mo 0.2 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

Lease Benchmarks for Ocean City, MD

$25.05 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
9,050 SF
Avg Space Size

This space is priced 20% below the average of $25.05 /SF/Yr.

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?
Retail space - Open retail configuration includes two large areas, an office or kitchenette, and one restroom.
Where is this retail space located?
The property is located at 12638 OCEAN Gtwy 11 Ocean City, MD.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 2,000 sq.ft. of retail space; Traffic count over 33,000 daily; Large storefront windows
More about this property
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