Retail Space in High-Traffic
For Lease
$26 SF/Yr
12720 Ocean Gateway Unit 4, Ocean City, MD 21842
Versatile retail space in West Ocean City, high-visibility location.
Space SizeContact for details
Days on Market131
Property Features for 12720 Ocean Gateway Unit 4
General Information
Standard status
Active
Building Details
Year Built
2017
Listing Agency:
Coastal Life Realty Group LLC
(443) 235-8382
Listed By:
Joseph Wilson · License #633148
Source:
Kandorre
Added: Apr 15
Changed: Aug 23
Last Checked: Aug 23 at 6:00AM
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 Coastal Life Realty Group LLC
Investment Insights
Based on property information with market context.
This leasing opportunity is located in West Ocean City. The versatile space is suited for retail or professional use. Positioned in a high-traffic corridor, the property benefits from visibility and exposure. The location draws foot and vehicle traffic from locals and tourists. The property is located minutes from Ocean City’s beaches and surrounded by newly developed hotels. Several successful businesses are already in operation at this location. The bike score is 44, indicating it is somewhat bikeable. The walk score is 53, indicating it is somewhat walkable. Strong growth and continued development characterize the area.
Key Highlights
- High‑traffic location in West Ocean City with outstanding visibility.
- Versatile space suitable for retail or professional use.
- Minutes from Ocean City beaches and surrounded by newly developed hotels.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
335k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Shops & Services 26%
Dining 21%
Home Improvements & Furnishings 8%
Marshalls
Apparel
31,117 visits/mo
0.2 miles
Chick-fil-A
Dining
29,932 visits/mo
0.4 miles
Wawa
Shops & Services
29,205 visits/mo
0.5 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.1 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
$25.68 /SF/Yr
Avg Asking Price
$23–$28 /SF/Yr
Price Range
8,653 SF
Avg Space Size
This space is priced 1% above the average of $25.68 /SF/Yr.
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Versatile retail space in West Ocean City, high-visibility location.
Where is this retail space located?
The property is located at 12720 Ocean Gateway Unit 4 Ocean City, MD.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: High‑traffic location in West Ocean City with outstanding visibility.; Versatile space suitable for retail or professional use.; Minutes from Ocean City beaches and surrounded by newly developed hotels.
