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Shopping Center with Coastal Highway Frontage
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12827 Coastal Hwy, Ocean City, MD 21842

In-line retail space and an optional pad site are available at a high-visibility Coastal Highway shopping center.

Space Size1,200 SF - 5,778 SF
Property Size74,292 SF
Lot Size0.44 Acres
Days on Market1058

Property Features for 12827 Coastal Hwy

General Information

Standard status Active
Size 1,200 SF - 5,778 SF
Net Rentable 1,200 SF
Lot size 0.44 Acres
Property subtype LAND

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
Listing Agency: Trout Daniel & Associates
Listed By: Scott Garfield
Source: Moodyscre
Added: Sep 15, 2023 Changed: Jul 30 Last Checked: Aug 6 at 11:11AM

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

Investment Insights

Based on property information with market context.

A 74,292 SF shopping center offers 1,200 to 5,778 (+/-) SF of in-line retail space available at 12827 Coastal Hwy in Ocean City, MD. A .44 (+/-) acre pad site is also available with 3,500 SF that could accompany a retail footprint. The center provides strong visibility and signage along Coastal Highway.

The property features approximately 750’ of frontage along Coastal Highway and 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 and sees approximately 25,000 (+/-) vehicles/day.

This configuration supports retail tenants looking for established center co-tenancy with prominent highway exposure, with the option to expand using the available pad site.

Key Highlights

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

Property 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

Market

Lease Benchmarks for Ocean City, MD

$24.3 /SF/Yr
Avg Asking Price
$21–$26 /SF/Yr
Price Range
9,934 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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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
  • Sandy Cove Shoppes Ocean City, MD 21842
  • Bayside Plaza Coastal Hwy, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Shopping center - In-line retail space and an optional pad site are available at a high-visibility Coastal Highway shopping center.
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: 74,292 SF shopping center with 750’ of Coastal Highway frontage; 1,200 to 5,778 (+/-) SF in‑line retail space available; .44 (+/-) acre pad site with 3,500 SF could accompany a footprint
(410) 960-4448 Call to check price and availability
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