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Versatile Retail or Office Suite
For Lease
$26.50 SF/Yr

6-12720 Ocean Gtwy, Ocean City, MD 21842

Four-hundred-plus-sq-ft suite is set up for either retail or professional use in a high-traffic corridor.

Space SizeContact for details
Days on Market144

Property Features for 6-12720 Ocean Gtwy

General Information

Standard status Active
Listing Agency: Coastal Life Realty Group LLC
Listed By: Joseph Wilson · License #633148
Source: Exprealty
Added: Apr 15 Changed: Aug 20 Last Checked: Sep 4 at 8:13AM

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 retail or professional suite designed to accommodate either retail use or office-oriented operations. The space totals 4,450 square feet and is intended for tenants seeking flexibility in how they use the interior layout.

The property is positioned in a high-traffic corridor with visibility and daily exposure. It is located just minutes from Ocean City’s beaches and surrounded by newly developed hotels, which contributes to consistent foot and vehicle traffic from locals and tourists.

The offering is best suited for businesses looking for a single suite in a corridor setting, with the flexibility to tailor the space for retail or professional use.

Key Highlights

  • 4,450 sq ft suite suited for retail or professional use
  • Located on a high‑traffic corridor
  • Just 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

$25.05 /SF/Yr
Avg Asking Price
$20–$28 /SF/Yr
Price Range
9,050 SF
Avg Space Size

This space is priced 6% above the average of $25.05 /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 - Four-hundred-plus-sq-ft suite is set up for either retail or professional use in a high-traffic corridor.
Where is this retail space located?
The property is located at 6-12720 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: 4,450 sq ft suite suited for retail or professional use; Located on a high‑traffic corridor; Just minutes from Ocean City’s beaches
More about this property
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