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11624 Ocean Gtwy
Ocean City, MD 21842
7-Eleven · Retail Property For Sale

Investment Highlights

  • Absolute Net Lease | Zero Landlord Responsibilities | Just Under 11 Years Remaining
  • Corporate Guarantee | Investment Grade (S&P: "A")
  • Strategic Location at Corner of Signalized Intersection Along US-50 (31,500+ VPD) | Primary East-West Thoroughfare Connecting Salisbury to Ocean City
  • 2021 Upgraded Construction | Equipped with 8-Fuel Dispensers, 16-Fuel Stations and an 1,000 SF State-of-the-Art Car Wash
  • Qualifies for 100% Bonus Depreciation | Tax Incentive
  • Strategic Positioning at Signaled Entrance to Walmart Supercenter and The Home Depot Anchored Power Center

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
4,288 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
3.32 AC
Zoning
C2
Parking
26 Spaces (6.06 Spaces per 1,000 SF Leased)
Frontage
264’ on Ocean Gateway

Property Taxes

Property Taxes

Parcel Number
10-010535
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,142,500
  • Listing ID: 37545281

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 11624 Ocean Gtwy, Ocean City, MD 21842

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