Franco Realty Group

SOLD! The Franco Realty Group is proud to exclusively present the sale of the mixed-use residential and office space located at 3746-48 Mission Boulevard and 737-739 Queenstown Ct in Mission Beach, CA. This transaction had a little bit of everything: 3 escrows, sale/leaseback, seller financing, and tough negotiations throughout the process. This is our 4th commercial sale on Mission Blvd and our 7th commercial sale overall in Mission Beach totaling $17,470,000. Give us a call today to find out how much your commercial property is worth in today's market.

The Franco Realty Group is proud to exclusively present the completed sale located at 1146-48 Garnet Avenue in Pacific Beach. For the Buyer, we sold their commercial property on Broadway in El Cajon with little cash flow and helped exchange their funds into this mixed-use cash producing property on Garnet Avenue. For the Seller, we sold this building to them back in April 2015 for $694,000, they remodeled the 4bed/3bath house, repositioned the commercial leases and re-sold the property for $1,670,000. A win/win for everyone involved! Call us today if you want to reposition your equity!

Well this mixed use building in Mission Beach didn’t last long on the market!

Lucky St Patrick's Day! The Franco Realty Group is proud to present the completed sale transaction located at 1011 Broadway in Chula Vista, CA. The former restaurant, Ocean City Buffet, was in business for many decades until Covid-19. The new owner of the property plans to create a state of the art dental practice with 9 patient rooms. Cheers to our team that worked on this deal including Bank of America for funding the deal, Fidelity for handling the title and escrow and to my client, Dr. Maroon for allowing me to represent him on this transaction. Happy St Patrick's Day!

Check out our newest listing in Mission Beach! This is a 4 unit mixed-use retail/office and residential building. There are two commercial units configured as office space and two residential units that have 3 bedroom / 3 bath units. All 4 units are condominiums. Enjoy our video presentation: https://www.youtube.com/watch?v=otBx_XuLNbk&feature=youtu.be

Deal 4 of 7: Sale of Mount Laguna Lesson Learned: Commercial Real Estate Can Change a Community In early 2018, I was hired to sell the largest fee simple piece of land on top of Mount Laguna. The property had 1 of 2 restaurants in town, a couple of apartments, and 25 junky RVs. The place was not operating at its maximum potential. We ended up finding the perfect buyer, provided Seller financing, and turned a run down RV park into a beautiful small home community. During Mar...ch 2020 (the top of the pandemic), I met a gentleman who just moved into his new tiny home from Seattle. He was tired of paying high rents in Seattle and wanted to live in the mountains where he can work online and enjoy the peaceful setting. The restaurant was also repositioned with a better tenant. Every time I drive down that old Sunrise Highway past the property we sold to go mountain biking, I smile at the beautiful improvements the Buyer made, greatly enhancing the small town of Mount Laguna. See more

Deal 3 of 7: Target in Ocean Beach Lesson Learned: Cold Calling and the Ripple Effect In March 2016 I called the owner of the largest building on Newport Avenue in Ocean Beach. He mentioned he was interested selling and/or leasing out his 18,000 square foot building where he operated the Antique Center a staple business in Ocean Beach. We were extremely blessed to win the listing agreement to market the high profile property for sale / lease. We attracted many offers to l...ease and purchase the building. Then a call came from a representative of Target, Corp a fortune 500 company. Woahwe just proved that the world is flat amongst large and small commercial real estate firms, by landing a darling in the retail industry, our marketing techniques worked. But if you know OB, then you would’ve imagined how we felt when we got the offer from Target. OB held a special town council meeting to discuss Target moving in, news cameras flooded our office, multiple levels of government all had their say, tshirts and stickers made, protest and more protest. Thiswasbig.man.(insert OB/Big Lebowski voice). Even in the OB Holiday Parade, there was a NO TARGET IN OB float, which happened to be my 3 year old’s favorite (oh the irony!!!). There was so much energy throughout the entire community of Ocean Beach & the City of San Diego, that was spent over a commercial deal, that all began with a phone call. One call.one ripple.one tsunami. After thought: this was during a time I was selling Nati’s Inc. down the street.the largest private piece of land within 3 miles. This was the most stressful time of my brokerage career. Every thought went into Nati’s and Target. See more

No #Target in #OB flot

Deal 2 of 7: the sale of 1277 Garnet Avenue lesson learned: go above and beyond for your client and the community. Dr. Rose owned 1277 Garnet Ave and needed help with property management. When I took over management, there were people living onsite illegally. The gym was loud and fought with the urgent care. I kicked out the squatters and helped move the gym down the street. The building was now running smoothly. Dr. Rose was older and spent his summers in Pelican, Alaska. ...He called me one day when he was up there and asked that I fly up to familiarize myself with his Alaska property. He knew he would never make it back up there again. 24 hours after I got the call, I was on a seaplane landing in Pelican, Alaska. Dr. Rose and I fished for halibut and shot guns. When we returned from our trip, he decided it was time to sell the building but wanted to make sure the property went to the right person. I knew that many people would want this building and that this building occupies one of the best corners in PB. It was important to sell the building to someone who would help maintain and improve the building. We ended up selling the building to the Abeles Family Trust, who greatly improved the building. After Dr. Rose passed away, the Abeles Family Trust and I decided to put a plaque on the wall naming the building The Rose Center. In the end of Dr. Rose’s life, I had to go above and beyond traditional fiduciary duties to help him out. The Abeles Family Trust understood our relationship and honored Dr. Rose by improving the building and naming it after him. Today, I still manage the building and lease out the vacancies. See more

Though I have been in commercial real estate since 2002, The Franco Realty Group is proud to announce that we have made it 7 years as an independent commercial real estate brokerage firm headquartered in Pacific Beach. The next 7 posts will be the 7 deals that have shaped my commercial real estate career and the lessons I learned from each deal. Deal 1 of 7: the sale of 875 Garnet Avenue the lesson: don’t quit, stay on the saddle. This was my first big break after a yearlo...ng drought of not selling any commercial properties. Prior to selling 875 Garnet Ave, I went 1 year without selling anything. Deal after deal kept falling apart. Close friends and family said to quit commercial real estate. I had a job lined up at a pharmaceutical company that would’ve paid $75k per year plus benefits, the easy and safe salary way. Home Bank of California owned 875 Garnet Ave and they were big KC Chiefs fans and my wife happened to be a Chiefs Cheerleader while in law school. The owner of the bank and I instantly hit it off and I placed a buyer into 875 Garnet Ave...the buyer removed contingenciesand never closed on the deal losing his $100k initial deposit. I was devastated heading into the weekend contemplating a career change, after all I hadn't seen a paycheck in over a year. That Monday morning, my wife said get up and go get another buyer fast! I took her advice, pulled myself together and put another buyer into escrow. We closed escrow 21 days later for $4,500,000 and I got a 6 figure commission check. Thankfully I didn’t listen to many people telling me to quit commercial real estate. I didn't quit...I stayed on the saddle. Franco Realty Group was now born. See more

For Sale 3449 Oceanfront in Mission Beach! . . We are proud to be exclusively presenting this fee simple ownership opportunity in #missionbeachsandiego .... . 6 ocean front 2bd/2ba apartment units that are 1,100sf ~6,660 sq ft building size ~4,488 sq ft lot size 10 onsite parking spaces The only 48 foot height oceanfront building in #missionbeach . . Call to learn more 858-717-1679 #beachlife #sandiego #pacificbeach #propertymanagement #realestatebrokerage #CRE #apartments #apartmentsforsale #locationlocationlocation #oceanfrontproperty #forsale #tallbuilding #commercialrealestate #beachproperty #beachpropertyforsale #sandiegorealestate #coastalproperty #francorealtygroup See more

Every now and then, we are given an opportunity to represent a landlord on the sale of a legendary property within a community. In Mission Beach, our newest listing has many legendary characteristics such as: -6 apartment units with all 2 bed / 2 bath units -10 onsite parking spaces -building height of 48 feet -approval to convert into condominiums ... Check out our video presentation here: https://youtu.be/02cSAHgAMHE

We are happy to present this signalized corner development opportunity in #Mendota California For Sale. . This lot sits catty-corner from several new retailers like #mcdonalds #tacobell #familydollar and #dollartree . Call to learn more, like about the potential economic incentives from the local government for the development of this land.... . . . #broker #advisor #agent #developer #developmentopportunity #landforsale #realestate #CRE #hospitality #heretohelp #francorealtygroup #commercialdevelopment #commercialrealestate #land See more

JUST LEASED!! We are pleased to present the completed lease transaction located at 940B Garnet Ave San Diego, CA 92109. * *... Call or message us for more details! We still have multiple spaces available for lease located in Pacific Beach. * * #pacificbeach #CRE #retail #icsc #locationlocationlocation #coastalrealestate

We are pleased to exclusively present for sale, the Pacific Beach Mixed-Use property at 1146-48 Garnet Avenue. Much to talk about with this one, like the Detached SFR grossing $11,000/month on AirBnB. Give us a call if you’d like to learn more. . . . #heretohelp... #pacificbeachsandiego #sandiego #locationlocationlocation #calzones #landlordrep #advisor #investmentproperty #airbnbhomes #retailbroker #realestate #CRE #hospitality #francorealtygroup #beachhouse #detachedhouse #detachedhome See more

We are happy to present this large retail / office space opportunity for lease in the heart of beautiful Pacific Beach. Reach out if you’d like to learn more

We are pleased to present this restaurant and adjacent banquet hall opportunity for sale on Morena Blvd., in Bay Park. If you’d like to learn more, reach out. We are here to help. #francorealtygroup #CRE #sandiego #commercialrealestate #broker #agent #investmentproperty #opportunity #locationlocationlocation #bayparksandiego #restaurant #banquethall #forsale #dealoftheday

We are pleased to exclusively present for sale, the prime Ocean Beach commercial property located next door to Target on Newport Avenue. This property is 100% vacant and available immediately. Call for more, we are here to help. #oceanbeachsandiego #commercialrealestate #sandiegorealestate #retailrealestate #francorealtygroup #CRE #newportave #locationlocationlocation #realestate #owneruser #investor #primeretailspace #investmentproperty

Prime spot on Garnet Avenue #OnlyInPB Give us a call to learn more about this newly remodeled retail / storefront space that is available now. #pb #beachvibes #streetretail #forlease #storefront #available #landlordrep #realestate #propertymanagement #francorealtygroup #CRE #retailbroker #heretohelp

The Franco Realty Group is proud to announce the completed sale of another Pacific Beach investment property. . . For more information on the sale of this property, please give us a call 858.735.3121... #commercialrealestate #sandiego #investmentproperty #beachlife #coastalrealestate #apartmentsforsale #sold

Follow up on our African American Scholarship Award: I would like to take this opportunity and present the Franco Realty Group’s $1,000 African American Student Scholarship Award to Alexis Smith!!! As of now, Alexis is entering her senior year in a nursing program at Cal Baptist University and is expected to graduate with a Bachelors Degree in Nursing in May 2021. Her transcripts are very strong with mostly As. After graduating, she plans on jumping right into the medical w...orld (during a pandemic!!), and hopes to land a job in the NICU. Like many of us who attended college, she is taking on student loan debt. Her desire to become a nurse during a pandemic is an example of great bravery. Let’s all take moment and wish Alexis the best of luck as she begins her senior year and for wanting to dedicate her life to serving others. Congratulations Alexis! See more

My partners and I at the Franco Realty Group would like to donate $1,000 to an African-American who is entering into college, or is enrolled full time in college. To qualify, just prove to us that you’re enrolled this fall in a community college, SDSU, USD or UCSD. Please include a 1 page letter about yourself (your major and career goals), a copy of your transcripts, along with a picture. ... Those who are taking out student loans will get priority. We will announce the winner by Friday. For this easy scholarship money, email us at: [email protected].

The Franco Realty Group is proud to present our 11th sale transaction on Garnet Avenue in Pacific Beach totaling $18,775,000 in sales.