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603 Frontage Road

Bamoza LLC Secures $14.3 Million Refinance For The Plaza At East Cooper In Mount Pleasant SC
FINANCEDRetail

Bamoza LLC Secures $14.3 Million Refinance For The Plaza At East Cooper In Mount Pleasant SC

603 Frontage Road

$14,300,000

$139/SF

Building Size

102,731 SF

Asset Type

Retail

Closing

Aug 28, 2025

AI

A $14.3 million refinancing loan was arranged for The Plaza at East Cooper, a retail asset with a square footage of 102,731, located at 603 Frontage Road in Mount Pleasant, SC. The shopping center is 85% leased, with ALDI as the anchor tenant.

Summary of transation details:

The transaction was facilitated by JLL Capital Markets, which arranged the loan on behalf of Bamoza LLC, the borrower, from an insurance company lender.

Players

Eric Tupler

JLL

Broker

$659.8M

vol

14 deals

Broker
JLL
JLLBrokerage

Mount Pleasant Retail Market Snapshot

Boundary boundary · Retail · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.11%

Cash-on-Cash

-0.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93