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Shopping Center with Coastal Highway Frontage

12827 Coastal Hwy, Ocean City, MD 21842

For Lease
Contact for pricing

In-line retail space is available within a shopping center anchored by major value retailers.

Space Size3,000 SF
Property Size74,292 SF
Days on Market1152

Property Features for 12827 Coastal Hwy

General Information

Standard status Active
Size 3,000 SF
Net Rentable 1,200 SF
Property subtype RETAIL

Space & Availability

Available Space 1,200-5,778 SF
Space Use Retail

Site & Location

Anchor Co-Tenants Super Thrift, Higgins Crab House, Dollar Tree, True Value Hardware
Traffic Count 25,000 vehicles/day

Building Details

Building Size 74,292 SF
Tenancy Multi

Spaces For Lease

at 12827 Coastal Hwy
12827 Coastal Hwy AVAILABLE, Now
Floor 1
Size 3,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
Property Description: 1,200- 5,778 (+/-) Square Feet of in-line retail space available. A .44 (+/-) acre pad site is also available with 3,500 SF that could accompany a footprint. Excellent visibility and signage. Highlights: - 74,292 SF center with 750’ of frontage along Coastal Highway - Anchored by Super Thrift, Higgins Crab House, Dollar Tree & True Value Hardware - Exposed to average of 8 million visitors annually - Approximately 25,000 +/- vehicles/day
Contact us
Listing Agency: Trout Daniel & Associates
Listed By: Scott Garfield · License MD #587276
Source: Moodyscre
Added: Sep 15, 2023 Changed: Oct 26 Last Checked: Nov 8 at 7:53AM

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 Trout Daniel & Associates

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Investment Insights

Based on property information with market context.

A total of 1,200 to 5,778 (+/-) square feet of in-line retail space is available in this shopping center. A .44 (+/-) acre pad site is also available, offering 3,500 SF that could accompany an additional footprint, depending on the tenant’s requirements. The property benefits from excellent visibility and signage along Coastal Highway.

The center totals 74,292 SF and features 750’ of frontage along Coastal Highway. It is anchored by Super Thrift, Higgins Crab House, Dollar Tree & True Value Hardware. The shopping center is exposed to an average of 8 million visitors annually, with approximately 25,000 +/- vehicles per day passing the site.

This configuration supports a range of neighborhood and destination retail uses where storefront exposure and drive-by traffic matter.

Key Highlights

  • 1,200‑5,778 (+/-) SF in‑line retail space available
  • .44 (+/-) acre pad site available with 3,500 SF that could accompany a footprint
  • 74,292 SF shopping center with 750’ frontage along Coastal Highway

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Montego Bay True ... Building Supply Montego Bay Shopping ... Shopping Center & Mall

Suggested Use

Top Pick Building Supply Law Firm Dental Office Hair Salon Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
71k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 65% Hotels & Casinos 18% Shops & Services 14% Electronics 2%
McDonald's Dining
14,802 visits/mo 0.4 miles
Holiday Inn Express & Suites Ocean City Hotels & Casinos
12,702 visits/mo 0.2 miles
Dollar Tree Shops & Services
9,844 visits/mo 0.1 miles
Starbucks Dining
9,288 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
6,068 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ocean City, MD

$22.24 /SF/Yr
Avg Asking Price
$1.11–$26 /SF/Yr
Price Range
16,897 SF
Avg Space Size

Average Price Trend$/SF/Yr for Shopping centers in Ocean City, MD

$24.3 Jul
$22.44 Aug
$22.24 Sep
$22.24 Oct

Properties on Market for Shopping centers in Ocean City

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Ocean City Square — 11805 Coastal Hwy, Ocean City, MD 21842
  • Montego Bay Shopping Center — 12827 Coastal Hwy, Ocean City, MD 21842
  • Bayside Plaza — Coastal Hwy, Ocean City, MD 21842
  • Sandy Cove Shoppes — Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Shopping center - In-line retail space is available within a shopping center anchored by major value retailers.
Where is this shopping center located?
The property is located at 12827 Coastal Hwy Ocean City, MD.
What are key features of this property?
This property features: 1,200‑5,778 (+/-) SF in‑line retail space available; .44 (+/-) acre pad site available with 3,500 SF that could accompany a footprint; 74,292 SF shopping center with 750’ frontage along Coastal Highway
(410) 960-4448 Call to check price and availability
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