Retail Space with Fitting
For Lease
$25 SF/Yr
12741 OCEAN Gtwy SUITE 640, Ocean City, MD 21842
Retail-oriented space includes existing storage and fitting room areas, with subdivision options to accommodate tenant requirements.
Space Size2,000 SF - 5,563 SF
Days on Market130
Property Features for 12741 OCEAN Gtwy SUITE 640
General Information
Standard status
Active
Size
2,000 SF - 5,563 SF
Net Rentable
2,000 SF
Property subtype
Commercial
Lease Term
Flexible
Space & Availability
Available Space
2,000-5,563 SF
Contiguous Space
5,563 SF
Divisible
Yes
Space Use
Retail
Site & Location
Anchor Co-Tenants
HomeGoods, Old Navy, Under Armour, Coach
Traffic Count
32,700 vehicles/day
Road Access
Yes
Amenities
storage room
fitting room area
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
Marina Park Realty LLC
Listed By:
Ryan Finnegan · License #3487634
(410) 543-2440
Source:
Elliman
Added: Apr 28
Changed: Sep 2
Last Checked: Sep 1 at 10:17PM
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.
Suite 640 at Outlets Ocean City provides a retail-oriented layout with existing storage and fitting room areas. The space was previously occupied by Forever 21, and major mechanical systems will need to be added. Available configurations range from 2,000 to 5,563 SF, with the ability to subdivide based on tenant requirements. The property was built in 1996.
Located at 12741 Ocean Gateway in Ocean City, the center records approximately 32,700 VPD and is minutes from the Boardwalk and beaches. Outlets Ocean City includes HomeGoods, Old Navy, Under Armour, and Coach as named retail anchors. The destination attracts more than 8 million annual visitors, while the seasonal population exceeds 320,000. BikeScore is 46 and WalkScore is 48.
Located at 12741 Ocean Gateway in Ocean City, the center records approximately 32,700 VPD and is minutes from the Boardwalk and beaches. Outlets Ocean City includes HomeGoods, Old Navy, Under Armour, and Coach as named retail anchors. The destination attracts more than 8 million annual visitors, while the seasonal population exceeds 320,000. BikeScore is 46 and WalkScore is 48.
Key Highlights
- 2,000 - 5,563 SF available with subdivision options
- Existing retail layout includes storage and fitting room areas
- Major mechanical systems need to be added
Property Analytics
Current Use
Lease Details
32,700 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.75 /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
$25.05 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
9,050 SF
Avg Space Size
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail-oriented space includes existing storage and fitting room areas, with subdivision options to accommodate tenant requirements.
Where is this retail space located?
The property is located at 12741 OCEAN Gtwy SUITE 640 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: 2,000 - 5,563 SF available with subdivision options; Existing retail layout includes storage and fitting room areas; Major mechanical systems need to be added
