Endcap Retail Space with Loading
For Lease
$24 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease - OCEAN CITY, MD
Lot Size21.15 Acres
Days on Market176
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
Building Details
Year built
1996
Building materials
Mixed
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Kelly Jeter · License #666318
(410) 543-2440
Added: Feb 5
Changed: Jun 9
Last Checked: Jul 31 at 2:06AM
MLS# MDWO2035904
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.
This endcap retail suite was previously occupied as a Gap store and features an open floor plan with a fitting room area, restroom, and a dedicated storage room. The storage includes an overhead loading door, and there is also a manager office on site. The layout is designed to support flexible retail use, and the unit may be consolidated with neighboring spaces for additional square footage up to 20,000 SF.
Positioned to face Route 50, the property sits along Ocean Gateway at approximately +/-32,700 VPD, with access convenient to the Boardwalk and beaches. Outlets Ocean City is reported to draw over 8 million annual visitors, with a seasonal population surge to 320,000+. The center is anchored by national retailers including HomeGoods, Old Navy, Under Armour, and Coach.
With its endcap visibility and combination of customer-area space plus back-of-house storage access, this suite is well suited for a range of retail and service concepts. It can fit tenant needs that require both an open customer layout and practical operational support through the overhead loading storage. For larger requirements, tenants also have the option to consolidate the endcap with adjacent units to reach a larger footprint.
Positioned to face Route 50, the property sits along Ocean Gateway at approximately +/-32,700 VPD, with access convenient to the Boardwalk and beaches. Outlets Ocean City is reported to draw over 8 million annual visitors, with a seasonal population surge to 320,000+. The center is anchored by national retailers including HomeGoods, Old Navy, Under Armour, and Coach.
With its endcap visibility and combination of customer-area space plus back-of-house storage access, this suite is well suited for a range of retail and service concepts. It can fit tenant needs that require both an open customer layout and practical operational support through the overhead loading storage. For larger requirements, tenants also have the option to consolidate the endcap with adjacent units to reach a larger footprint.
Key Highlights
- Prime end‑cap location on Route 50 with high visibility (+/-32,700 VPD).
- Located in Outlets Ocean City, a dominant retail destination attracting over 8 million annual visitors.
- Anchored by top national retailers driving consistent traffic.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
32,700 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
317k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 30%
Dining 26%
Shops & Services 18%
Home Improvements & Furnishings 8%
Marshalls
Apparel
31,117 visits/mo
0.3 miles
Chick-fil-A
Dining
29,932 visits/mo
0.2 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.5 miles
Staples
Office Supplies
18,495 visits/mo
0.3 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
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Frequently Asked Questions
What type of property is this?
Shopping mall - Endcap unit facing Route 50 with open layout, fitting area, restroom, manager office, and storage with overhead loading door.
Where is this shopping mall located?
The property is located at 12741 OCEAN Gateway Ocean City, MD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Prime end‑cap location on Route 50 with high visibility (+/-32,700 VPD).; Located in Outlets Ocean City, a dominant retail destination attracting over 8 million annual visitors.; Anchored by top national retailers driving consistent traffic.
