Retail Space with Multiple Fitting
For Lease
$24 SF/Yr
12741 OCEAN Gateway, Ocean City, MD 21842
CommercialLease - OCEAN CITY, MD
Space SizeContact for details
Lot Size21.15 Acres
Days on Market197
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 21 at 9:06AM
MLS# MDWO2035896
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 retail suite is a former Hanes store and is laid out with an open floor plan. The space includes three fitting rooms, two restrooms (customer and employee), a storage room, and a manager office. The configuration allows flexibility, including the ability to consolidate with neighboring units for additional square footage up to 20,000 SF.
The property is located along Ocean Gateway in Ocean City, Maryland, with approximately +/-32,700 vehicles per day. The center is described as minutes from the Boardwalk and beaches and benefits from an established regional draw, with Outlets Ocean City reported to attract over 8 million annual visitors and a seasonal population surge to 320,000+.
Tenants looking for a retail-ready footprint can consider this space for apparel and similar showroom concepts, given the fitting-room layout and support spaces. It also offers a practical base for service-oriented uses that need a customer area and administrative back-of-house space, with the option to expand by consolidating adjacent units when required.
The property is located along Ocean Gateway in Ocean City, Maryland, with approximately +/-32,700 vehicles per day. The center is described as minutes from the Boardwalk and beaches and benefits from an established regional draw, with Outlets Ocean City reported to attract over 8 million annual visitors and a seasonal population surge to 320,000+.
Tenants looking for a retail-ready footprint can consider this space for apparel and similar showroom concepts, given the fitting-room layout and support spaces. It also offers a practical base for service-oriented uses that need a customer area and administrative back-of-house space, with the option to expand by consolidating adjacent units when required.
Key Highlights
- Former Hanes store with an open floor plan and 3 fitting rooms
- Includes two restrooms (customer and employee), plus storage room and manager office
- Central heating and central air conditioning
Property Analytics
Property Profile
Current Use
Lease Details
32,700 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.60 /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
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 7% below 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 - Former big-box retail space with an open layout, fitting rooms, restrooms, and office plus option to consolidate for more space.
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 $24 SF/Yr.
What are key features of this property?
This property features: Former Hanes store with an open floor plan and 3 fitting rooms; Includes two restrooms (customer and employee), plus storage room and manager office; Central heating and central air conditioning
