DALLAS, TEXAS, October 19, 2026 – International Capital, LLC (“IC”), a Dallas-based real estate investment and asset management firm, announced the successful acquisition of a CVS / Navarro Pharmacy property in Hialeah, Florida, on behalf of a German private investor. The all-cash transaction closed on October 15, 2026.
The property is subject to a long-term lease with CVS Health and reflects International Capital's continued focus on acquiring high-quality single-tenant net lease assets backed by nationally recognized operators and durable real estate fundamentals.
Located just north of Miami International Airport, the property benefits from a strategic position within one of South Florida's most densely populated and economically active retail corridors. Hialeah is a key component of the Greater Miami metropolitan area and is characterized by strong demographics, a large workforce population, limited new retail supply, and consistent demand for essential services.
The property operates as a CVS / Navarro Pharmacy, combining the financial strength of CVS Health with one of South Florida's most established pharmacy brands. Navarro was founded in Havana, Cuba, in 1940 and became a fixture throughout Miami-Dade County after the founding family relocated to South Florida. In September 2014, CVS Health completed its acquisition of Navarro Discount Pharmacy and elected to retain the Navarro brand at select locations because of its strong local recognition and customer loyalty within the region's Hispanic communities.
The continued Navarro branding is particularly relevant in Hialeah, one of the most Hispanic cities in the United States and home to a significant Cuban-American population. The combination of a nationally recognized healthcare operator and a deeply rooted local brand enhances the property's long-term competitive position.
“This acquisition reflects the disciplined investment approach we pursue on behalf of our clients,” said Martina Crevecoeur, CCIM, Senior Vice President of Acquisitions & Dispositions at International Capital. “We continue to focus on strategically located net lease properties leased to strong operators that provide essential services and demonstrate long-term relevance within their respective markets. Despite periodic geopolitical and economic uncertainty, German investors continue to view the United States as one of the world's premier real estate investment markets. The combination of transparency, liquidity, economic scale, and tenant quality remains highly compelling. This acquisition is another example of investors maintaining a long-term perspective and allocating capital to well-located assets supported by strong fundamentals.”
About International Capital, LLC
International Capital, LLC is a Texas-based commercial real estate investment and brokerage firm specializing in the acquisition, asset management, and disposition of income-producing properties throughout the United States. The firm focuses on single-tenant net lease and other investment properties leased to creditworthy tenants and serves both domestic and international investors seeking direct ownership of institutional-quality real estate assets.
