John Burlington Purchases Tulare Veterinary Hospital From Dr. Carlos Rodriguez For $1,775,000
861 North Blackstone Street
$1,775,000
$301/SF
Building Size
5,897 SF
Asset Type
Office
Closing
Apr 28, 2026
AI
The asset involved in the transaction is a veterinary hospital located at 861 North Blackstone Street in Tulare, California. The property was sold for $1,775,000 and has a square footage of 5,897, resulting in a price per square foot of $301.
Summary of transaction details:
- Property Type: Veterinary Hospital
- Transaction Amount: $1,775,000
- Address: 861 North Blackstone Street
- Market: Tulare
- Square Footage: 5,897
- Price Per Square Foot: $301
- Buyer: John Burlington
- Seller: Dr. Carlos Rodriguez
- Broker: Daniel Solomon - Kidder Mathews
Daniel Solomon successfully represented both the Seller, Dr. Carlos Rodriguez, and the Buyer, John Burlington, in this transaction. The Seller chose Solomon due to his expertise in veterinary real estate and his established success in the market, further reinforcing his position as a leading veterinary real estate specialist in the Western United States.
Players
Tulare 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
8.94%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93