Endcap Retail Suite with
For Lease
$26 SF/Yr
12741 OCEAN Gtwy SUITE 919, Ocean City, MD 21842
Endcap unit with open floor plan, storage, restroom, and two offices in an outlet shopping center.
Space SizeContact for details
Days on Market131
Property Features for 12741 OCEAN Gtwy SUITE 919
General Information
Standard status
Active
Property subtype
Commercial
Lease Term
Flexible
Site & Location
Traffic Count
32,700 vehicles/day
Road Access
Yes
Building Details
Year Built
1996
Listing Agency:
MARINA PARK REALTY LLC
Listed By:
Ryan Finnegan · License #3487634
(410) 543-2440
Source:
Elliman
Added: Apr 28
Changed: Aug 26
Last Checked: Sep 5 at 1:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARINA PARK REALTY LLC
Investment Insights
Based on property information with market context.
This endcap retail suite features an open floor plan with an existing storage room, restroom, and two office spaces. The space has an open ceiling with painted ductwork in place. The layout allows for flexibility, with the ability to subdivide from 2,500 SF up to 5,015 SF, depending on tenant needs.
The suite is located at Outlets Ocean City along Ocean Gateway. The property is positioned with visibility on Ocean Gateway (noted at approximately 32,700 VPD) and is described as minutes from the Boardwalk and beaches.
Outlets Ocean City is anchored by HomeGoods, Old Navy, Under Armour, and Coach. Public remarks also note opportunities for outdoor patio seating for a food service user, and potential for a drive-thru configuration, subject to approval.
The suite is located at Outlets Ocean City along Ocean Gateway. The property is positioned with visibility on Ocean Gateway (noted at approximately 32,700 VPD) and is described as minutes from the Boardwalk and beaches.
Outlets Ocean City is anchored by HomeGoods, Old Navy, Under Armour, and Coach. Public remarks also note opportunities for outdoor patio seating for a food service user, and potential for a drive-thru configuration, subject to approval.
Key Highlights
- End cap retail unit in an outlet shopping center; year built 1996
- Open floor plan with storage room, restroom, and two offices
- Space could be subdivided from 2,500 SF up to 5,015 SF
Property Analytics
Current Use
Lease Details
32,700 VPD
Traffic count
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
323k
Monthly Visits Nearby
Well-served
Demand for This Use
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
$22.44 /SF/Yr
Avg Asking Price
$1.11–$26 /SF/Yr
Price Range
12,684 SF
Avg Space Size
This space is priced 16% above the average of $22.44 /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?
Shopping center - Endcap unit with open floor plan, storage, restroom, and two offices in an outlet shopping center.
Where is this shopping center located?
The property is located at 12741 OCEAN Gtwy SUITE 919 Ocean City, MD.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: End cap retail unit in an outlet shopping center; year built 1996; Open floor plan with storage room, restroom, and two offices; Space could be subdivided from 2,500 SF up to 5,015 SF
