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861 North Blackstone Street

John Burlington Purchases Tulare Veterinary Hospital From Dr. Carlos Rodriguez For $1,775,000
SOLDOffice

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

Daniel Solomon

Kidder Mathews

Broker

$52.9M

vol

17 deals

Broker

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