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Retail Space in Teal Marsh Center
For Lease
$2,200/Mo

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

Well-maintained retail suite in a high-visibility shopping center with ample parking and convenient customer access.

Space SizeContact for details
Days on Market140

Property Features for 2-9927 Stephen Decatur Hwy

General Information

Standard status Active
Listing Agency: Coastal Life Realty Group LLC
Listed By: Joseph Wilson · License #633148
Source: Exprealty
Added: Apr 16 Changed: Aug 20 Last Checked: Sep 1 at 8:55PM

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.

Available for lease within the Teal Marsh Shopping Center, this well-maintained retail space is designed to support day-to-day customer traffic. The location is positioned to provide strong visibility, with convenient access intended to make it easy for shoppers to get in, park, and return. The center also offers ample parking for both customers and employees.

Set in a highly desirable West Ocean City area, the space is surrounded by established retailers and benefits from steady local traffic. It is just minutes from the Ocean City beaches, with convenient access to Route 50 and nearby dining and shopping destinations. The result is a retail setting that can help keep your business connected to consistent activity throughout the year.

This suite is a practical fit for retailers and service-oriented concepts looking to operate in a recognized, customer-friendly shopping environment. If you want exposure within an active commercial hub rather than a standalone location, this tenancy opportunity offers a straightforward way to join an existing tenant mix and serve both local and visitor demand.

Key Highlights

  • Retail suite in the Teal Marsh Shopping Center in West Ocean City
  • Well‑maintained, high‑visibility shopping center setting for the suite
  • Ample on‑site parking for customers and employees

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Carpet & Flooring Store Catering Service Barber Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
3,797 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

$23.25 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
2,500 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?
Storefront property - Well-maintained retail suite in a high-visibility shopping center with ample parking and convenient customer access.
Where is this storefront property located?
The property is located at 2-9927 Stephen Decatur Hwy 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: Retail suite in the Teal Marsh Shopping Center in West Ocean City; Well‑maintained, high‑visibility shopping center setting for the suite; Ample on‑site parking for customers and employees
More about this property
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