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
About this deal
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.
On the Map
Retail
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Players
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