Retail or Professional Suite in Shopping
For Lease
$26 SF/Yr
12720 Ocean Gateway Unit 6, Ocean City, MD 21842
Unit 6 retail or professional space totaling 4,450 sq ft within a shopping center.
Space SizeContact for details
Days on Market42
Property Features for 12720 Ocean Gateway Unit 6
General Information
Standard status
Active
Building Details
Year Built
2017
Listing Agency:
Coastal Life Realty Group LLC
(443) 235-8382
Listed By:
Joseph Wilson · License #633148
Source:
Kandorre
Added: Jul 21
Changed: Aug 8
Last Checked: Aug 30 at 8:16PM
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 Coastal Life Realty Group LLC
Investment Insights
Based on property information with market context.
This leasing opportunity offers a versatile unit (Unit 6) within a shopping center, totaling 4,450 sq ft and suited for retail or professional use. The space is presented as flexible for businesses looking to establish or expand within the same location.
The property is located at 12720 Ocean Gateway, Ocean City, MD 21842. According to the listing, it is positioned in a high-traffic corridor with strong visibility, minutes from Ocean City’s beaches, and surrounded by newly developed hotels that generate steady foot and vehicle traffic from both locals and tourists.
The property is located at 12720 Ocean Gateway, Ocean City, MD 21842. According to the listing, it is positioned in a high-traffic corridor with strong visibility, minutes from Ocean City’s beaches, and surrounded by newly developed hotels that generate steady foot and vehicle traffic from both locals and tourists.
Key Highlights
- Unit 6 offers 4,450 sq ft for retail or professional use within a shopping center
- Built in 2017
- Located on a high‑traffic corridor
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
335k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 29%
Shops & Services 26%
Dining 21%
Home Improvements & Furnishings 8%
Marshalls
Apparel
31,117 visits/mo
0.2 miles
Chick-fil-A
Dining
29,932 visits/mo
0.4 miles
Wawa
Shops & Services
29,205 visits/mo
0.5 miles
HomeGoods
Home Improvements & Furnishings
25,828 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
20,445 visits/mo
0.1 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
$22.18 /SF/Yr
Avg Asking Price
$1.11–$26 /SF/Yr
Price Range
12,684 SF
Avg Space Size
This space is priced 17% above the average of $22.18 /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?
Shopping center - Unit 6 retail or professional space totaling 4,450 sq ft within a shopping center.
Where is this shopping center located?
The property is located at 12720 Ocean Gateway Unit 6 Ocean City, MD.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Unit 6 offers 4,450 sq ft for retail or professional use within a shopping center; Built in 2017; Located on a high‑traffic corridor
