Retail Space with Open
For Lease
$25 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease - OCEAN CITY, MD
Space SizeContact for details
Lot Size21.15 Acres
Days on Market185
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: Aug 9 at 7:06PM
MLS# MDWO2035870
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 former Gymboree space is offered for lease and features an open floor plan with a dedicated storage room and restroom. The layout is designed to support a range of retail and service configurations while keeping day-to-day operations straightforward.
The suite is part of Outlets Ocean City at 12741 Ocean Gateway in Ocean City, Maryland. The center sits along Ocean Gateway with approximately +/-32,700 VPD and is described as being just minutes from the Boardwalk and beaches. Public remarks note more than 8 million annual visitors and a seasonal population surge up to 320,000+, with the tenant mix anchored by HomeGoods, Old Navy, Under Armour, and Coach.
For tenants and operators, the combination of an open interior, restroom, and on-site storage can work well for boutique retail, fitness-style concepts, restaurant or entertainment uses, and essential services. The property is under new ownership/management, with public remarks indicating a focus on maintenance and customer service. This makes the location relevant for businesses looking to serve both year-round visitors and peak-season demand at a dominant retail destination.
The suite is part of Outlets Ocean City at 12741 Ocean Gateway in Ocean City, Maryland. The center sits along Ocean Gateway with approximately +/-32,700 VPD and is described as being just minutes from the Boardwalk and beaches. Public remarks note more than 8 million annual visitors and a seasonal population surge up to 320,000+, with the tenant mix anchored by HomeGoods, Old Navy, Under Armour, and Coach.
For tenants and operators, the combination of an open interior, restroom, and on-site storage can work well for boutique retail, fitness-style concepts, restaurant or entertainment uses, and essential services. The property is under new ownership/management, with public remarks indicating a focus on maintenance and customer service. This makes the location relevant for businesses looking to serve both year-round visitors and peak-season demand at a dominant retail destination.
Key Highlights
- Former Gymboree retail space with open floor plan plus storage room and restroom
- Located along Ocean Gateway with +/-32,700 VPD and minutes from the Boardwalk and beaches
- On‑site parking lot and central heating with central air conditioning
Property Analytics
Property Profile
Current Use
Lease Details
32,700 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.75 /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
Lease Benchmarks for Ocean City, MD
$24.54 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
8,032 SF
Avg Space Size
This space is priced 2% above the average of $24.54 /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 - Former Gymboree retail suite with open floor plan plus restroom and storage room for flexible merchandising or service use.
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: Former Gymboree retail space with open floor plan plus storage room and restroom; Located along Ocean Gateway with +/-32,700 VPD and minutes from the Boardwalk and beaches; On‑site parking lot and central heating with central air conditioning
