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Home > 17450 W WOOD Drive, Surprise, AZ 85388 (MLS# 6953468)

17450 W WOOD Drive, Surprise, AZ 85388

$1,250,000
Property Type: Business Opportunity Square Footage: 3,071 Lot Size (sq. ft.): 7,200 Status: Active
Current Price: $1,250,000 Last Modified: 12/03/2025

Description

Incredible passive-investment opportunity! This beautifully remodeled home was purpose-built for Assisted Living, offering 9 bedrooms plus an office and 6 bathrooms—an ideal layout for operators. A licensed Assisted Living tenant is already in place and entering the second year of a 5-year lease. Business is not for sale. Current lease rate is $8,712.50 with scheduled annual increases. Truly a hands-off investment where the owner simply collects rent checks while the tenant operates the business.

More Information MLS# 6953468

General Property Description

Sold Price Per SqFt: 407.03 Ttl Apx SqFt Bldg: 3071 Uncvrd Parking Spcs: 2

Legal Info

Range: 2W Section: 14 Township: 3N

Income & Expenses

Annual Gross Sales: 0 Owners Draw Included: No Annual Owners Salary: 0 Annual Mngr Salary: 0 Anl Int (Non-RelEst): 0 Annual Depreciation: 0 Annual Fringes: 0 Adjusted Net Income: 0 Apx Value of Cash: 0

Business Type

Health Services: 1 Professional Service: 1 Other: 1

Pmt & Rate Info

Equity: 1250000 Down Payment %: 0 Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used Text: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1 None: 1

Type of Lease

Gross: 1

Form of Ownership

Limited Liability Co: 1

Sale Price Includes

Lease Value: 1 Real Estate: 1

Lease Information

3 - 5 Years: 1

Hours of Operation

7 Days/Week: 1

Business Age

1 - 3 Years: 1

Heating

Natural Gas: 1

Current Ownership

1 - 3 Years: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Expenses Include

Insurance: 1 Taxes - Real Estate: 1

Business/Tenant Pays

Electricity: 1 Water: 1 Sewer: 1 Trash: 1 Liability Insurance: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Private: 1

Electric

APS: 1

Gas

SW Gas: 1

Security Features

Fire Alarm: 1 Fire Sprinkler System: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Current Financing 1

Treat as Free & Clr: 1

Current Financing 2

Treat as Free & Clr: 1

Current Financing 3

Treat as Free & Clr: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contract Info

Current Price: $1,250,000 List Price: $1,250,000 Status: Active List Date: 2025-11-03

Location

House Number: 17450 Compass: W Street Name: WOOD St Suffix: Drive City/Town Code: Surprise State/Province: AZ Zip Code: 85388 Zip4: 5104 County Code: Maricopa Subdivision: RANCHO TRUGOLD LOT 2 REPLAT Assessor Number: 502-06-929

Remarks Misc

Cross Street: 303 and Cactus Directions: 303 to Waddell. South on Cotton Ln. West onto Sweetwater. North on 173rd Ln. West onto Wood Dr. home will be on the right. Geo Lat: 33.603241 Geo Lon: -112.434344

Property Features

Business Type: Health Services; Professional Service; Other Form of Ownership: Limited Liability Co Sale Price Includes: Lease Value; Real Estate Lease Information: 3 - 5 Years Hours of Operation: 7 Days/Week Type of Lease: Gross Business Age: 1 - 3 Years Current Ownership: 1 - 3 Years Expenses Include: Insurance; Taxes - Real Estate Source of Fincl Data: Owner Security Features: Fire Alarm; Fire Sprinkler System Parking Features: Private Electric: APS Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public Heating: Natural Gas Cooling: Ceiling Fan(s); Central Air Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks; None Current Financing 1: Treat as Free & Clr Current Financing 2: Treat as Free & Clr Current Financing 3: Treat as Free & Clr New Financing: Cash; Conventional; 1031 Exchange Environmental: None
Listing Office: Century 21 Toma Partners
IDX
Last Updated: December - 03 - 2025
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