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20693 Woodford Tehachapi Road

Frank Komin Purchases Tehachapi Veterinary Hospital From Steve Anderson For $2.74M
SOLDOffice

Frank Komin Purchases Tehachapi Veterinary Hospital From Steve Anderson For $2.74M

20693 Woodford Tehachapi Road

$2,744,150

$292/SF

Building Size

9,370 SF

Asset Type

Office

Closing

Jun 12, 2025

AI

The property asset involved in this transaction is a veterinary hospital located at 20693 Woodford-Tehachapi Road in Kern County. The sale was completed for a total transaction amount of $2,744,150. The property consists of a total square footage of 9,370, which translates to a price per square foot of $292.

Summary of transaction details:

  • Property Type: Veterinary Hospital
  • Transaction Amount: $2,744,150
  • Square Footage: 9,370
  • Price per Square Foot: $292
  • Buyer: Frank Komin
  • Seller: Steve Anderson
  • Broker: Daniel Solomon - Kidder Mathews
  • Date of Transaction: 6/12/2025

Both the seller, Steve Anderson, and the buyer, Frank Komin, were exclusively represented by Daniel Solomon, who leads the Healthcare Real Estate Group at Kidder Mathews’ Century City office. The investment included a lease with a corporate guaranty from Thrive Pet Healthcare, a large operator of veterinary hospitals in the United States, which supports over 380 practices nationwide.

Players

Daniel Solomon

Kidder Mathews

Broker

$52.9M

vol

17 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage
Steve Anderson

Steve Anderson

Seller

$4M

vol

2 deals

Seller

Tehachapi Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.78%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93