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Coastal Square Shopping Center Rt 50 and Rt 589
1,478 - 30,074 SF of Retail Space Available in Berlin, MD 21811
Highlights
- Rt 50 Ocean Gateway main highway to Ocean City MD
- New Construction- Retail Space shell deliveries in Fall 2025.
- Pad Sites, Jr Boxes, In Line spaces
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,300-20,400 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 1,478-2,899 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 20 | 3,876-6,775 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
This posting represents 3 JR Box stores that will be adjacent to the 65,000SF Giant Grocery Store. Shown on Brochure as sections A, B and C. Can be combined and reasonably divided. Plan to deliver shell space that can be configured to meet Tenant's needs. These are only larger box spaces in the shopping center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Anchor Space
- New Construction Development
1st Floor
This is Unit#19 at 1,478SF. Can be combined with unit #18 for 2,899sf. These units are the smallest SF with the best parking and visibility of the inline spaces. Next door to the End Cap space.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste 20
This Unit #20 is a 3,876SF End Cap space with outdoor patio designed on the side. Can add additional space (Units 19 +18) to get up to 6,775 SF. New Construction- estimated delivery is 3Q of 2025.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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.
PROPERTY FACTS FOR Rt 50 and Rt 589 , Berlin, MD 21811
| Min. Divisible | 1,478 SF | Year Built | 2026 |
| Property Type | Retail | Construction Status | Proposed |
| Gross Leasable Area | 122,000 SF |
| Min. Divisible | 1,478 SF |
| Property Type | Retail |
| Gross Leasable Area | 122,000 SF |
| Year Built | 2026 |
| Construction Status | Proposed |
About the Property
New Development- Coastal Square Shopping Center. New intersection to be created at the corner of Rt 50- Ocean Gateway and Rt 589.
Nearby Major Retailers
Presented by
Coastal Square Shopping Center | Rt 50 and Rt 589
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