12001 Coastal Hwy | Ocean City, MD 21842
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12001 Coastal Hwy
Ocean City, MD 21842
CVS | Abs. NNN | 10 Year Lease Extension · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN - ZERO Landlord Responsibilities
- Drive-thru location
- Minute Clinic location providing Covid-19 Testing and Vaccines, Flu Shots, Strep Tests, In-Person and Virtual Care
- CVS just signed a new 10 year lease extension indicating their commitment to this location
- CVS offers Same Day Delivery on Qualifying RX
- Ocean City is a premier beach resort town, during the summer the city hosts 350,000 vacationers and up 8 Million visitors annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,089 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.19 AC
Zoning
LC1 - Limited Commercial Zoning district is intended for small commercial uses that may need to locate in predominantly rural areas
Parking
43 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 10-372682 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $6,184,067 |
PROPERTY TAXES
Parcel Number
10-372682
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$6,184,067
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