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Retail Space with Fitting Rooms
For Lease
$25 SF/Yr

12741 OCEAN Gateway, Ocean City, MD 21842

CommercialLease, OCEAN CITY, MD

Space Size2,000 SF - 5,563 SF
Lot Size21.15 Acres
Days on Market217

Property Features for 12741 OCEAN Gateway

General Information

Property type Other
Property subtype Retail
Parking 600
Parking features Parking Lot
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 21.15 Acres

Amenities

storage room
fitting room area

Building Details

Year built 1996
Building materials Mixed
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Kelly Jeter · License #666318
Added: Feb 5 Changed: Sep 5 Last Checked: Sep 10 at 4:06AM
MLS# MDWO2035864

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Retail space at Outlets Ocean City features an existing layout with storage and fitting room areas, supporting a range of retail configurations. The premises can be divided into suites from 2,000 to 5,563 SF, while major mechanical systems will need to be added. The center was built in 1996 and occupies a 21.15-acre site with on-site parking.

Outlets Ocean City is positioned along Ocean Gateway in Ocean City, Maryland, with approximately 32,700 VPD. The center includes HomeGoods, Old Navy, Under Armour, and Coach, and is located near the Boardwalk and beaches. The property serves a seasonal market supported by local residents, visitors, and nearby hotels.

Key Highlights

  • 2,000 to 5,563 SF retail spaces available for subdivision
  • Existing storage room and fitting room areas
  • Major mechanical systems need to be added

Property Analytics

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Open Analytics

Current Use

J.Crew Factory Clothing & Fashion Store Chico's Off The Rack Clothing & Fashion Store Hanesbrands (Bike/Boat/Book/etc) Store rue21 Clothing Store The Children's Place Outlet Clothing & Fashion Store

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Big Box & Wholesale Store Cafe & Coffee Shop Grocery & Convenience 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

32,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby
323k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 30% Dining 27% Shops & Services 18% Home Improvements & Furnishings 8%
Marshalls Apparel
31,117 visits/mo 0.2 miles
Chick-fil-A Dining
29,932 visits/mo 0.3 miles
HomeGoods Home Improvements & Furnishings
25,828 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ocean City, MD

$24.94 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
9,412 SF
Avg Space Size

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 - Flexible retail space offers existing storage and fitting room areas within a regional outlet center.
Where is this retail space located?
The property is located at 12741 OCEAN Gateway Ocean City, MD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,000 to 5,563 SF retail spaces available for subdivision; Existing storage room and fitting room areas; Major mechanical systems need to be added
More about this property
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