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

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SOLD
$2,744,150

California

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Office9,370 SF
Sold 06/12/2025
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Property Image
SOLD

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

20693 Woodford Tehachapi Road

See Similar Deals
Office9,370 SF
Sold 06/12/2025
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Summary

CALIFORNIA
Asset Type:Office
Price Per Square Foot:$292
Total Square Footage:9,370 SF
Transaction Type:Sale

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
17 deals$52.9M volume
BROKER

Kidder Mathews
BROKERAGE

Steve Anderson
2 deals$4M volume
SELLER

Details

SOLD
IMAGE: Daniel Solomon DATE: 6/12/2025 ADDRESS: 20693 Woodford-Tehachapi Road MARKET: Kern County ASSET TYPE: Veterinary Hospital BUYER: Frank Komin SELLER: Steve Anderson BROKER: Daniel Solomon (@DanielSolomonn) - Kidder Mathews (@Kidder.Mathews) SALE PRICE: $2,744,150 SF: 9,370 ~ PPSF: $292 NOTE FROM BROKER: Daniel Solomon successfully sold the Tehachapi Veterinary Hospital. The investment featured a lease with a corporate guaranty from Thrive Pet Healthcare — one of the largest operators of veterinary hospitals in the United States, supporting over 380 practices nationwide. Both the Seller and Buyer were exclusively represented by Daniel Solomon, leader of the Healthcare Real Estate Group at the firm’s Century City office. For all veterinary hospital, healthcare and medical office real estate needs, contact Daniel Solomon at 310-709-8985.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,749.39
Cash-on-Cash Return-1.27%
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