Open-Plan Retail
For Lease
$23 SF/Yr
12741 OCEAN Gtwy SUITE 900, Ocean City, MD 21842
Former apparel space includes fitting rooms, restrooms, storage, and a layout that can be subdivided.
Space Size2,000 SF - 20,000 SF
Days on Market130
Property Features for 12741 OCEAN Gtwy SUITE 900
General Information
Standard status
Active
Size
2,000 SF - 20,000 SF
Net Rentable
2,000 SF
Property subtype
Commercial
Lease Term
Flexible
Space & Availability
Available Space
2,000-20,000 SF
Divisible
Yes
Space Use
Retail
Site & Location
Anchor Co-Tenants
HomeGoods, Old Navy, Under Armour, Coach
Traffic Count
32,700 vehicles/day
Building Details
Year Built
1996
Tenancy
Multi
Listing Agency:
SVN - Miller | Salisbury
Listed By:
Kelly Jeter · License #666318
(410) 543-2440
Source:
Elliman
Added: Apr 28
Changed: Aug 31
Last Checked: Sep 4 at 11:41AM
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 SVN - Miller | Salisbury
Investment Insights
Based on property information with market context.
This retail space features an open interior, two restrooms, two fitting rooms, and a dedicated storage area. The premises previously housed Jos. A. Bank and can be configured into spaces ranging from 2,000 SF to 6,298 SF. Additional space at the outlet center is available up to 20,000 SF.
The property is positioned along Ocean Gateway, which records ±32,700 VPD, with access to Ocean City’s Boardwalk and beaches within minutes. The center includes HomeGoods, Old Navy, Under Armour, and Coach among its national retail tenants. Ocean City attracts more than 8 million annual visitors, while its seasonal population exceeds 320,000. The 1996-built property also offers a somewhat bikeable setting, with a bikeScore of 46 and a walkScore of 48.
The property is positioned along Ocean Gateway, which records ±32,700 VPD, with access to Ocean City’s Boardwalk and beaches within minutes. The center includes HomeGoods, Old Navy, Under Armour, and Coach among its national retail tenants. Ocean City attracts more than 8 million annual visitors, while its seasonal population exceeds 320,000. The 1996-built property also offers a somewhat bikeable setting, with a bikeScore of 46 and a walkScore of 48.
Key Highlights
- 2,000 SF - 6,298 SF divisible retail space
- Additional outlet‑center availability up to 20,000 SF
- Open layout with 2 restrooms, 2 fitting rooms, and storage
Property Analytics
Current Use
Lease Details
32,700 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.45 /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
This space is priced 8% below the average of $25.05 /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 apparel space includes fitting rooms, restrooms, storage, and a layout that can be subdivided.
Where is this retail space located?
The property is located at 12741 OCEAN Gtwy SUITE 900 Ocean City, MD.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: 2,000 SF - 6,298 SF divisible retail space; Additional outlet‑center availability up to 20,000 SF; Open layout with 2 restrooms, 2 fitting rooms, and storage
