Open-Plan Retail
For Lease
$23 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease, OCEAN CITY, MD
Space Size2,000 SF - 20,000 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
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
restrooms
fitting rooms
storage area
Building Details
Year built
1996
Building materials
Mixed
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Kelly Jeter · License #666318
(443) 758-7170
Added: Feb 5
Changed: Sep 5
Last Checked: Sep 10 at 1:06AM
MLS# MDWO2035908
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 offers an open interior configuration with 2 restrooms, 2 fitting rooms, and a dedicated storage area. The premises were formerly occupied by Jos. A Bank and may be divided into suites ranging from 2,000 SF to 6,298 SF; additional space at the outlet center is available up to 20,000 SF. The 1996 property includes central heating, central air, and a parking lot.
The center occupies a 21.15-acre site at 12741 Ocean Gateway in Ocean City, Maryland, with approximately 32,700 VPD along the corridor. It is near the Boardwalk and beaches and is home to HomeGoods, Old Navy, Under Armour, and Coach. Outlets Ocean City reports more than 8 million annual visitors and a seasonal population exceeding 320,000, providing a substantial local and visitor-oriented retail setting.
The center occupies a 21.15-acre site at 12741 Ocean Gateway in Ocean City, Maryland, with approximately 32,700 VPD along the corridor. It is near the Boardwalk and beaches and is home to HomeGoods, Old Navy, Under Armour, and Coach. Outlets Ocean City reports more than 8 million annual visitors and a seasonal population exceeding 320,000, providing a substantial local and visitor-oriented retail setting.
Key Highlights
- Open floor plan with 2 restrooms, 2 fitting rooms, and storage area
- Suite sizes range from 2,000 SF to 6,298 SF
- Additional outlet‑center space available up to 20,000 SF
Property Analytics
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Current Use
Lease Details
32,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
323k
Monthly Visits Nearby
Explore this area
Business Placement
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
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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
This space is priced 8% below the average of $24.94 /SF/Yr.
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible retail space with restrooms, fitting rooms, storage, and parking at an established 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 $23 SF/Yr.
What are key features of this property?
This property features: Open floor plan with 2 restrooms, 2 fitting rooms, and storage area; Suite sizes range from 2,000 SF to 6,298 SF; Additional outlet‑center space available up to 20,000 SF
