17189 Greenway Rd, Surprise, AZ 85388
This exceptional 9,029 square foot, single-story preschool in Surprise, Arizona, presents a compelling investment opportunity. Built in 2024, the property boasts a 100% occupancy rate with a long-term corporate guaranteed lease (four or five-year options). The absolute NNN lease structure minimizes landlord responsibilities. The property sits on a 1.35-acre lot and enjoys excellent visibility, located less than one mile from Loop 303 at a major intersection with high vehicle traffic. The surrounding area features strong retail presence, including a Fry's Marketplace, and a rapidly growing residential population with high household incomes, creating a robust demand for childcare services. Significant planned developments nearby promise continued growth and increased property value. The asking price is $5,616,000, representing a 6.75% cap rate and a NOI of $379,054. This is a rare opportunity to acquire a high-performing, well-located preschool with significant long-term growth potential. The property's strong financials, coupled with its prime location and favorable lease terms, make it an ideal addition to any investment portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.