Commercial Real Estate Market in National City, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
60 active listings and 1,577 off-market properties in National City, CA. Commercial property asks $466/SF to buy and $23.20/SF/Yr to lease.
Market Trends
National City, CA spans 7.3 square miles in San Diego County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in National City, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in National City, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in National City, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in National City, CA asks $702/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
National City, CA has 57,849 residents in 19,049 households. Density runs 7,884 people per square mile. Median household income here is $63,858 and median gross rent $1,600 a month.
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,884
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chula Vista | — | $24.84 |
| San Diego | — | $23.09 |
| Coronado | — | — |
Commercial property in National City, CA asks $466/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in National City?
Commercial property in National City, CA asks an average of $466 per square foot. The 5 most recent recorded sales traded at a median of $537/SF. Multifamily carries the highest asking price at $702/SF.
How much does it cost to lease commercial space in National City?
Asking lease rates in National City, CA average $23.20 per square foot per year.
Where does Realmo's National City market data come from?
Realmo compiles National City, CA figures from 7 recent recorded sales, 44 active sale listings, 16 active lease listings, 1,577 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 16 active for-lease listings in National City, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
