National City, CA
Commercial Real Estate Market Trends & Data

$599 per SF Avg asking sale price
$24 per SF Avg asking lease rate
10,561 SF Avg unit lease size
12,504 SF Avg building size for sale
5.44% Average cap rate

National City's Demographic Profile

National City has 16,399 households and a median income of $56,851, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 54,970
# Households 16,399
Median age 37
Median household income $56,851
Avg household size 3.0
Renter-occupied housing units 11,053
5-year population change -1%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
National City $1,171 10,207 SF 6.47%
Bonita $398 25,078 SF 6.47%
Chula Vista $860 8,045 SF 6.93%
Lemon Grove $246 13,439 SF 6.81%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Chula Vista $324 31,424 SF 5.53%
Coronado $1,506 664 SF 3.40%
Lemon Grove $367 12,250 SF 6.53%
Nearby Retail Markets Avg Cost/SF Typical Size
National City $735 12,438 SF
Bonita $398 25,078 SF
Chula Vista $699 11,057 SF
Coronado $394 5,447 SF
Lemon Grove $667 6,052 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
National City $567 8,251 SF 6.72%
Chula Vista $539 9,714 SF 6.87%
Coronado $602 89,502 SF 5.65%
Imperial Beach $517 5,500 SF 6.06%
Spring Valley $391 13,718 SF 6.45%

Commercial Properties For Sale in National City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2Bdrm Units

San Diego, CA 92102

  • 31,857 SF Multifamily
  • 5.24% Cap Rate
  • $12,250,000
For Sale

Highland Courtyard | 22 Units

National City, CA 91950

  • 8,700 SF Multifamily
  • 5.28% Cap Rate
  • $5,750,000
For Sale

5 Units | National City | 4 Renovated Units

National City, CA 91950

  • 2,272 SF Multifamily
  • 4.70% Cap Rate
  • $1,200,000
For Sale

7 Units | National City | Private Tours Avail

National City, CA 91950

  • 4,536 SF Multifamily
  • 5.35% Cap Rate
  • $1,700,000
For Sale

4 Units | National City | Private Tours Avail

National City, CA 91950

  • 1,600 SF Multifamily
  • 4.38% Cap Rate
  • $1,050,000
For Sale

5045-5049 Brooks Huffman Plz

San Diego, CA 92113

  • 4,018 SF Retail Building
  • $1,800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether National City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
National City $599 12,504 SF
Bonita $398 25,078 SF
Chula Vista $564 20,791 SF
Coronado $874 46,661 SF
Lemon Grove $801 7,310 SF

Regional Demographic Comparison

This comparison places National City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in National City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
National City 54,970 16,399 37 $56,851 3 11,053 -1%
Bonita 12,562 4,163 43 $113,477 3 1,148 -2%
Chula Vista 273,634 83,298 37 $100,313 3 35,052 -1%
Coronado 25,013 8,668 37 $123,322 2 4,112 3%
Lemon Grove 26,579 8,513 39 $75,661 3 3,940 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in National City, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in National City

View All Commercial Real Estate For Sale in National City
Is National City a good market for a first-time commercial real estate investor?

National City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in National City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in National City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in National City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for National City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does National City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to National City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for National City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in National City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends