Brandon drug store sells for $5.2 million

A 10,856-square-foot building leased to CVS in Brandon has been sold.

The property is at 715 W. Brandon Blvd., at the intersection with King Avenue, and about a mile east of Interstate 75 and Brandon Exchange, the mall formerly known as the Brandon Town Center.

The buyer is an LLC tied to the Belleair Development Group in Pinellas Park. It paid $5.2 million. According to Marcus & Millichap, which brokered and announced the deal, the buyer bought the property as part of a 1031 Exchange.