Tag: Ground Lease Appraisal

NNN Ground Lease Appraisal in National City

We recently just appraised a single-tenant NNN ground lease property located in National City, San Diego, California. The property is leased to a nationally recognized retailer. The property is 5.68-acres and has a 45,515 square foot retail building on the site. This single-tenant NNN (STNL) ground lease commercial appraisal was conducted for a national life insurance.