NNN Convenience Store
New
For Sale
$1,600,000
Pending
5601 Coastal Highway # 3 & 4, Ocean City, MD 21842
An existing triple-net lease is in place, and the buyer must assume its terms.
Property Size2,100 SF
Days on Market5
Property Features for 5601 Coastal Highway # 3 & 4
General Information
Standard status
Pending
Size
2,100 SF
Zoning
COMMERCIAL
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$9,842
Amenities
Concrete,Hardwood,Laminate Plank
Electric
Yes
No
Corner,Landscaping
Public
CC
0.00 x 0.00
See Remarks
Parking Lot
Handicap Parking
US Highway/Interstate
30
Block,Concrete Perimeter
2100.00
362600.00
Assessor
City/County
Building Details
Building Size
2,100 SF
Year Built
2010
Listing Agency:
Coldwell Banker/Bud Church Rea
(410) 524-7888
Listed By:
Ken Church · License #305250
(410) 251-3987
Source:
Kempandassociatesre
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 12:28PM
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 Coldwell Banker/Bud Church Rea
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises 2,100 square feet and was built in 2010. It is zoned COMMERCIAL and is currently operated as a convenience store. A triple-net lease is in place, and the buyer is required to honor the existing lease.
Key Highlights
- 2,100‑square‑foot commercial property
- Triple‑net lease in place; buyer must honor current lease
- Built in 2010
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 29%
Hotels & Casinos 26%
Denny's
Dining
8,498 visits/mo
0.3 miles
Exxon
Shops & Services
3,973 visits/mo
0.3 miles
Residence Inn Ocean City
Hotels & Casinos
3,929 visits/mo
0.3 miles
7-Eleven
Shops & Services
2,868 visits/mo
0.1 miles
Best Western Ocean City Hotel & Suites
Hotels & Casinos
2,110 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
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - An existing triple-net lease is in place, and the buyer must assume its terms.
Where is this nnn property located?
The property is located at 5601 Coastal Highway # 3 & 4 Ocean City, MD.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,100‑square‑foot commercial property; Triple‑net lease in place; buyer must honor current lease; Built in 2010
