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918 East Harwood Road

Ouellette Equities Acquires Bear Creek Plaza Retail Center In Euless With Broker Representation
SOLDRetail

Ouellette Equities Acquires Bear Creek Plaza Retail Center In Euless With Broker Representation

918 East Harwood Road

Building Size

9,695 SF

Asset Type

Retail

Closing

Oct 1, 2025

AI

The property involved in the transaction is Bear Creek Plaza, a fully leased retail strip center located at 918 East Harwood Road in Euless. The asset spans a total of 9,695 square feet and is situated in a market known for its active retail environment.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Address: 918 East Harwood Road
  • Market: Euless
  • Asset Size: 9,695 square feet
  • Buyer: Ouellette Equities
  • Buyer's Representative: Kevin Butkus - Weitzman
  • Seller's Representative: Tim Axilrod - SHOP Companies

The transaction was facilitated with representation from Kevin Butkus of Weitzman for the buyer, Ouellette Equities, and Tim Axilrod of SHOP Companies for the seller, based in California. This transaction marks a strategic acquisition within the retail sector for Ouellette Equities.

Players

Kevin Butkus

Weitzman⁠

Broker

4 deals

Broker
SHOP Companies
SHOP CompaniesBrokerage
Weitzman⁠
Weitzman⁠Brokerage

Euless 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93