Davita Anchored Silver Slipper Shopping Center - Miami - corporate 500 center

Description

Silver Slipper Center is a stabilized 17,813 sq ft DaVita Anchored strip center on SW 184th Street (Eureka Drive) in South Dade. Just south of The Florida Turnpike. This center was completed in 2006 to the highest tier specifications for the DaVita dialysis center and 5 other long term tenants. This retail center is located in an area that attracts national and local retailers due to its high traffic counts, population density and strong economic demographics. The property was built in 2005 and completed in 2007.Located just off The Florida Turnpike (just west of US1), the building has 6 well established long term triple net (NNN) leased tenants. All tenants have contractual rental increases throughout their lease terms. The largest tenant, Davita Health is an S&P Fortune 500 company and is consistently rated one of the nations top rehab providers. Davita' s lease is secure and corporately guaranteed. With just 6 well established tenants, this property requires minimal management and is well positioned to provide a steady income stream for many years to come.

Directions: US 1 (South Dixie Hwy) to 184th (Eureka Drive) West to 110 st-center on the Left
100% Occupied by Long-Term Tenants
All Triple Net Leases (NNN)
Tenants have significant investments in their leased spaces
Minimal Landlord Responsibilities and/or Management
No Deferred Maintenance Completed in 2007
Property has 230 feet of prominent frontage on 184th street
116 surface parking spaces onsite
Consists of a total of 17,813 sq ft of retail space
Easy Access to Florida' s Turnpike
DaVita Inc., a FORTUNE 500® company, is a leading provider of kidney care in the united states, delivering dialysis services and education to patients with chronic kidney failure and end stage renal disease. As of March 31, 2011, DaVita operated or provided administrative services at 1,642 dialysis facilities, serving approximately 128,000 patients. DaVita develops, participates in and donates to numerous programs dedicated to transforming communities and creating positive, sustainable change for children, families and our environment.