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:
Pending
Current Price:
$1,250,000
Last Modified:
2/18/2026
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: Pending
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
Status Change Info
Off Market Date: 2026-02-17
Under Contract Date: 2026-02-13
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
Last Updated: February - 18 - 2026
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