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Ocean Landings II 11409 Ocean Gateway
9,200 SF of Retail Space Available in Berlin, MD 21811
Highlights
- Heavy vehicular traffic on Rt 50
- Signalized intersection for entry.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 9,200 SF | Negotiable | $28.50 /SF/YR $2.38 /SF/MO $262,200 /YR $21,850 /MO | Triple Net (NNN) |
11328 Samuel Bowen Blvd - 1st Floor - Ste 4
New endcap space, raw shell of 9,200 SqFt. 3 phase power, two new rooftop units, gas heat - original construction had a drive thru window that was blocked up but can be opened if needed. Next to IHOP & across the aisle from McDonalds, great foot traffic! Please call for more details.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
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.
SITE PLAN
SELECT TENANTS AT Ocean Landings II
- Tenant
- Description
- US Locations
- Reach
- Dollar Tree
- Retailer
- -
- -
- Home Dept
- Retailer
- -
- -
- iHop
- Restaurant
- 2,194
- International
- Michaels
- Retailer
- -
- -
- PetSmart
- Retailer
- -
- -
- Ross
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Dollar Tree | Retailer | - | - |
| Home Dept | Retailer | - | - |
| iHop | Restaurant | 2,194 | International |
| Michaels | Retailer | - | - |
| PetSmart | Retailer | - | - |
| Ross | Retailer | - | - |
PROPERTY FACTS FOR 11409 Ocean Gateway , Berlin, MD 21811
| Total Space Available | 9,200 SF | Gross Leasable Area | 168,114 SF |
| Center Type | Community Center | Total Land Area | 26.53 AC |
| Parking | 16 Spaces | Year Built | 2018 |
| Center Properties | 5 |
| Total Space Available | 9,200 SF |
| Center Type | Community Center |
| Parking | 16 Spaces |
| Center Properties | 5 |
| Gross Leasable Area | 168,114 SF |
| Total Land Area | 26.53 AC |
| Year Built | 2018 |
About the Property
Ocean Landings II with frontage on Rt 50 is one of the busiest shopping centers in the West Ocean City area. A signalized entrance, ample parking and a great mix of restaurant, retail & big-box tenants draw a tremendous volume into this center - McDonalds, WalMart, Home Depot anchors. Three units available, one of them an outparcel shared with the Verizon retailer - please call for more information.
- Air Conditioning
Nearby Major Retailers
Presented by
Ocean Landings II | 11409 Ocean Gateway
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