Corner Retail Net Lease
For Sale
Contact for pricing
12742 Ocean Gateway, Ocean City, MD 21842
Long-term net leased corner retail property on Ocean Gateway/US 50 and Elm.
Property SizeContact for details
Days on Market133
Property Features for 12742 Ocean Gateway
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Rinnier Development Company
Listed By:
Blair Rinnier, CCIM, CPM · License #MD 514904
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 5:19AM
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 Rinnier Development Company
Investment Insights
Based on property information with market context.
This well-located corner retail property is offered for sale as part of a long-term net lease. Full details are available upon completion of a confidentiality agreement, and prospective buyers should not contact or disturb the tenant.
The site sits on Ocean Gateway/US 50 at the intersection with Elm. Ocean Gateway/US 50 is described as the main highway entering Ocean City, MD with strong traffic patterns throughout the year, and the property is also noted as being surrounded by other retailers, including West Ocean City Outlets directly across the highway.
This offering is one of four retail properties that can be purchased individually or as a package.
The site sits on Ocean Gateway/US 50 at the intersection with Elm. Ocean Gateway/US 50 is described as the main highway entering Ocean City, MD with strong traffic patterns throughout the year, and the property is also noted as being surrounded by other retailers, including West Ocean City Outlets directly across the highway.
This offering is one of four retail properties that can be purchased individually or as a package.
Key Highlights
- Long‑term net lease corner retail property on Ocean Gateway/US 50 and Elm
- Located on the main highway entering Ocean City, MD (US 50)
- Tenant is in place; please do not contact or disturb the tenant
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
318k
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
0.3 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.2 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
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 - Long-term net leased corner retail property on Ocean Gateway/US 50 and Elm.
Where is this retail space located?
The property is located at 12742 Ocean Gateway Ocean City, MD.
What are key features of this property?
This property features: Long‑term net lease corner retail property on Ocean Gateway/US 50 and Elm; Located on the main highway entering Ocean City, MD (US 50); Tenant is in place; please do not contact or disturb the tenant
