Marcus & Millichap Arranges $1.9M Loan for Refinancing of CVS-Occupied Property in Canton, Ohio

by Kristin Harlow

CANTON, OHIO — Marcus & Millichap Capital Corp. (MMCC) has arranged a $1.9 million loan for the refinancing of a 13,225-square-foot retail property occupied by CVS in Canton. The standalone building is located at 2210 W. Tuscarawas St. Christopher Marks of MMCC arranged the 10-year loan, which features a 4.5 percent interest rate, 30-year amortization schedule and 35 percent loan-to-value ratio. The lender and borrower were not provided.

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