Drugstore chain Walgreen Co. sold two Jacksonville properties Aug. 26 for a combined $11.9 million.
The buyer is Los Angeles-based Corporate Partners Capital Group, through CP Thunder FS LLC.
Walgreen sold its property at 14405 Beach Blvd. for $6.1 million and its 5990 Townsend Road site for $5.8 million.
Corporate Partners Capital Group describes itself on its website as a “national real estate investment firm that specializes in the acquisition and operation of predominantly single-tenant, net-leased commercial real estate.”
Both locations are Walgreens stores.
The Beach Boulevard location is near San Pablo Road northeast of The Church of Eleven22 San Pablo Campus.
It sits on 2.2 acres and was built in 1997. It has a taxable value of $3.4 million. Walgreen bought the property in September 1996 for $600,000 from Seaco Land Development Inc. of Ponte Vedra and McCondichie Properties 2 LP of Atlanta.
The Townsend Road store is off Blanding Boulevard south of a post office.
It sits on 3.6 acres and was built in 2006. It has a taxable value of $3.1 million. Walgreen bought the property in January 2006 for $3.2 million through KB Associates XII LLC of Orlando.