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Flexible Retail Space
For Lease
$26.50 SF/Yr

4-12720 Ocean Gtwy, Ocean City, MD 21842

Suitable for retail or professional occupancy along a commercial corridor serving local and visitor demand.

Space SizeContact for details
Days on Market139

Property Features for 4-12720 Ocean Gtwy

General Information

Standard status Active

Additional Details

Space Use Retail
Listing Agency: Coastal Life Realty Group LLC
Listed By: Joseph Wilson · License #633148
Source: Exprealty
Added: Apr 15 Changed: Aug 30 Last Checked: Aug 30 at 4:27PM

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 retail space at 4-12720 Ocean Gtwy offers a flexible setting for retail or professional occupancy. The property is positioned within a commercial corridor where several businesses are already operating, providing an established business environment.

The Ocean City location is minutes from the area’s beaches and surrounded by several newly developed hotels. The surrounding context includes both local and tourist activity, with foot and vehicle traffic identified as part of the area’s customer base.

Key Highlights

  • Retail or professional occupancy supported by the available space
  • Located at 4‑12720 Ocean Gtwy in Ocean City, MD
  • Minutes from Ocean City’s beaches

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Grocery & Convenience Store Auto Repair 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
$3.97 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
7-Eleven Shops & Services
9,020 visits/mo 0.3 miles
Caliber Collision Shops & Services
629 visits/mo 0.2 miles
CubeSmart Self Storage Shops & Services
475 visits/mo 0.1 miles
Enterprise Rent-A-Car Shops & Services
468 visits/mo 0.2 miles
Devon Self Storage Shops & Services
308 visits/mo 0.4 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

This space is priced 4% above the average of $25.43 /SF/Yr.

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 - Suitable for retail or professional occupancy along a commercial corridor serving local and visitor demand.
Where is this retail space located?
The property is located at 4-12720 Ocean Gtwy Ocean City, MD.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: Retail or professional occupancy supported by the available space; Located at 4‑12720 Ocean Gtwy in Ocean City, MD; Minutes from Ocean City’s beaches
More about this property
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