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Shopping Center Retail Space
For Lease
$2,200/Mo

9927 Stephen Decatur Hwy Unit 2, Ocean City, MD 21842

Retail space within a 2005 center offering convenient access and parking for customers and employees.

Space SizeContact for details
Days on Market28

Property Features for 9927 Stephen Decatur Hwy Unit 2

General Information

Standard status Active

Building Details

Year Built 2005
Tenancy Multi
Listing Agency: Coastal Life Realty Group LLC
Listed By: Joseph Wilson · License #633148
Source: Lgagne
Added: Aug 4 Changed: Aug 28 Last Checked: Aug 30 at 7:53PM

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.

Retail space at 9927 Stephen Decatur Hwy, Unit 2, in Ocean City’s Teal Marsh Shopping Center. The center was built in 2005 and provides parking for customers and employees, along with access to established retailers and local traffic in West Ocean City.

The property is minutes from Ocean City beaches, Route 50, and nearby dining and shopping destinations. Its shopping center setting provides visibility and convenient access for businesses seeking a retail location in the area.

Key Highlights

  • Located in Teal Marsh Shopping Center at 9927 Stephen Decatur Hwy Unit 2
  • 2005 shopping center construction
  • Parking available for customers and employees

Property Analytics

Current Use

OC Jewelers Production Facility Law Office of Klaudia ... Law Firm Venus Nails II ... Nail Salon Pilates and More Gym & Fitness Center Mitchell and Hastings Financial ... Financial Advisor

Suggested Use

Top Pick Auto Parts Store Building Supply Dental Office Grocery & Convenience Store Veterinary Clinic Big Box & Wholesale Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

773
Businesses Nearby
276k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 33% Shops & Services 23% Dining 14% Home Improvements & Furnishings 9%
Marshalls Apparel
31,117 visits/mo 0.3 miles
Wawa Shops & Services
29,205 visits/mo 0.3 miles
HomeGoods Home Improvements & Furnishings
25,828 visits/mo 0.5 miles
Food Lion Grocery Store Groceries
20,445 visits/mo 0.1 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

Lease Benchmarks for Ocean City, MD

$25.43 /SF/Yr
Avg Asking Price
$22–$28 /SF/Yr
Price Range
9,638 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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space within a 2005 center offering convenient access and parking for customers and employees.
Where is this retail space located?
The property is located at 9927 Stephen Decatur Hwy Unit 2 Ocean City, MD.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Located in Teal Marsh Shopping Center at 9927 Stephen Decatur Hwy Unit 2; 2005 shopping center construction; Parking available for customers and employees
More about this property
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