Andreas Bremer Of International Capital LLC Acquires Navarro Discount Pharmacy In Hialeah For $20M
845 East Okeechobee Road
$20,000,000
$1,278/SF
Building Size
15,650 SF
Asset Type
Retail
Closing
Oct 23, 2026
About this deal
AI
The property asset involved in this transaction is a newly built Navarro Discount Pharmacy, located at 845 East Okeechobee Road, Hialeah, Florida. The retail space spans 15,650 square feet and sits on a 1.18-acre lot. This property was sold for a total transaction price of $20,000,000, equating to approximately $1,278 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,000,000
- Square Footage: 15,650
- Address: 845 East Okeechobee Road
- Market: Hialeah, FL
- Acres: 1.18
- Buyer: Andreas Bremer - International Capital LLC
- Seller: Bob Boos - Boos Development Group
This transaction involved the buyer, Andreas Bremer, representing International Capital LLC, and the seller, Bob Boos, representing Boos Development Group. The property, built in 2025, is currently leased to Navarro, a subsidiary of CVS, providing a stable income stream from a single tenant.
On the Map
$20,000,000
$1,278/SF
Retail
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Players
Moore Haven Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93