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Ocean City Square Shopping Center 11805 Coastal Hwy 600 - 3,592 SF of Retail Space Available in Ocean City, MD 21842
HIGHLIGHTS
- Heavy traffic count - vehicular & pedestrian.
- Surrounded on 3 sides by high density residential units and condominiums on the beach side.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11805-O | 750 SF | 5 Years | $30.27 CAD/SF/YR $2.52 CAD/SF/MO $22,701 CAD/YR $1,892 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 11805-S | 2,242 SF | 5 Years | $30.27 CAD/SF/YR $2.52 CAD/SF/MO $67,862 CAD/YR $5,655 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 120-I | 600 SF | 5 Years | $30.27 CAD/SF/YR $2.52 CAD/SF/MO $18,161 CAD/YR $1,513 CAD/MO | Triple Net (NNN) |
11805 Coastal Hwy - 1st Floor - Ste 11805-O
- Lease rate does not include utilities, property expenses or building services
11805 Coastal Hwy - 1st Floor - Ste 11805-S
- Lease rate does not include utilities, property expenses or building services
11805 Coastal Hwy - 1st Floor - Ste 120-I
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT OCEAN CITY SQUARE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dunkin'
- Donut Shop
- 11,794
- International
- Escapomania
- Other Services
- 2
- Regional
- Food Lion
- Supermarket
- 1,300
- National
- No 1 Chinese Restaurant
- Restaurant
- 1
- Local
- OC Resort Liquors
- Services
- 1
- -
- Sherwin-Williams
- Paint/Wallpaper
- 5,816
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dunkin' | Donut Shop | 11,794 | International |
| Escapomania | Other Services | 2 | Regional |
| Food Lion | Supermarket | 1,300 | National |
| No 1 Chinese Restaurant | Restaurant | 1 | Local |
| OC Resort Liquors | Services | 1 | - |
| Sherwin-Williams | Paint/Wallpaper | 5,816 | International |
PROPERTY FACTS
| Total Space Available | 3,592 SF | Frontage | 400’ on Coastal Highway |
| Center Type | Neighborhood Center | Gross Leasable Area | 150,283 SF |
| Parking | 571 Spaces | Total Land Area | 49.24 AC |
| Stores | 40 | Year Built | 1998 |
| Center Properties | 7 |
| Total Space Available | 3,592 SF |
| Center Type | Neighborhood Center |
| Parking | 571 Spaces |
| Stores | 40 |
| Center Properties | 7 |
| Frontage | 400’ on Coastal Highway |
| Gross Leasable Area | 150,283 SF |
| Total Land Area | 49.24 AC |
| Year Built | 1998 |
ABOUT THE PROPERTY
Ocean City Square is one of the busiest uptown retail locations in OC. Anchored by Food Lion, Crabcake Factory, Escape Room and Whiskers Pub with outparcel tenants including Dunkin Donuts, Sunsations & Sherwin Williams and a 7-11 on the corner at 120th Street. A great mix of businesses which generate a tremendous amount of daily foot traffic. Rinnier Commercial is proud to offer 3 units available at 600, 750 & 2,242 square feet of prime retail. Please call for more information.
NEARBY MAJOR RETAILERS
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Ocean City Square Shopping Center | 11805 Coastal Hwy
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