Shreveport, Louisiana, October 8, 2025
News Summary
A retail property leased by Academy Sports + Outdoors in Shreveport, Louisiana, has been sold for $10.4 million. The 72,525 square-foot building, completed in 2018, is situated on 7.7 acres and features a 13-year absolute triple-net lease. The transaction, facilitated by SRS Real Estate Partners, underscores the trend of institutional investors acquiring retail properties with strong lease terms, reflecting confidence in the retail real estate market.
Shreveport, Louisiana – A single-tenant retail property leased by Academy Sports + Outdoors has been sold for $10.4 million. The 72,525 square-foot building sits on roughly 7.7 acres of land and was completed in 2018. It features an absolute triple-net, corporate guaranteed lease with a remaining term of 13 years.
The transaction was facilitated by SRS Real Estate Partners, with the brokerage team consisting of Michael Berk, Patrick Nutt, and Chip Watson of SRS Capital Markets. The buyer and seller, both of whom requested to remain anonymous, represent a private investor and a publicly traded Real Estate Investment Trust (REIT) respectively.
This sale adds to the ongoing trend of retail properties being acquired by institutional investors, as evidenced by the strong lease terms and the creditworthiness of Academy Sports + Outdoors, which has long been recognized as a major player in the sporting goods market.
Details of the Sale
- Sale Price: $10.4 million
- Property Type: Single-tenant retail
- Building Size: 72,525 square feet
- Land Size: Roughly 7.7 acres
- Year Built: 2018
- Lease Type: Absolute triple-net, corporate guaranteed
- Remaining Lease Term: 13 years
- Brokerage Firm: SRS Real Estate Partners
Significance of the Location
Shreveport, a city known for its blend of culture, history, and commerce, is becoming increasingly attractive to retailers and investors alike. The Academy Sports + Outdoors location is strategically positioned to take advantage of the local market and contribute to both the retail landscape and the economy in the area. The sale reflects ongoing confidence in retail investment, especially for properties with strong tenants that provide long-term income stability.
About Academy Sports + Outdoors
Founded in 1936, Academy Sports + Outdoors has established itself as a significant player in the retail sporting goods industry, with multiple locations across the United States. It is known for offering a wide range of products including outdoor equipment, athletic apparel, and footwear, catering to both recreational and active lifestyles.
Conclusion
The sale of the Academy Sports + Outdoors property in Shreveport for $10.4 million represents a timely investment amid a dynamic retail market. With a solid lease arrangement and a reputable tenant, this transaction highlights the continuing appeal of retail real estate, particularly for those investors seeking long-term stability.
FAQ
What was the sale price of the property?
$10.4 million
What type of property was sold?
Single-tenant retail property
Who is the tenant for the property?
Academy Sports + Outdoors
What is the size of the building?
72,525 square feet
What is the remaining lease term?
13 years
Who managed the sale?
SRS Real Estate Partners negotiated the sale
Who was the seller of the property?
A private investor (identity requested anonymity)
Who was the buyer of the property?
A publicly traded Real Estate Investment Trust (REIT) (identity also requested anonymity)
Key Features Chart
| Feature | Details |
|---|---|
| Sale Price | $10.4 million |
| Property Type | Single-tenant retail property |
| Building Size | 72,525 square feet |
| Land Size | Roughly 7.7 acres |
| Year Built | 2018 |
| Lease Type | Absolute triple-net, corporate guaranteed |
| Remaining Lease Term | 13 years |
| Brokerage Firm | SRS Real Estate Partners |
Deeper Dive: News & Info About This Topic
HERE Resources
SRS Real Estate Partners Brokers $10.4 Million Sale in Shreveport
Shreveport Property Sold for $10.4 Million
SRS Real Estate Partners Brokers $10.4 Million Retail Sale in Shreveport
Additional Resources
- Shopping Center Business
- ReBusiness Online
- Shreveport-Bossier Advocate
- Shreveport Times
- Shopping Center Business
- Wikipedia: Real Estate Investment Trust
- Google Search: Academy Sports + Outdoors
- Encyclopedia Britannica: Retail
- Google News: Shreveport Retail Market
- Google Scholar: Real Estate Investment
Author: STAFF HERE SHREVEPORT WRITER
The SHREVEPORT STAFF WRITER represents the experienced team at HEREShreveport.com, your go-to source for actionable local news and information in Shreveport, Caddo Parish, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Mudbug Madness Festival, Red River Revel Arts Festival, and Independence Bowl. Our coverage extends to key organizations like the Shreveport-Bossier Chamber of Commerce and Shreveport Regional Arts Council, plus leading businesses in gaming, healthcare, and energy that power the local economy such as Horseshoe Casino, Ochsner LSU Health, and Atmos Energy. As part of the broader HERE network, including HEREBatonRouge.com and HERENewOrleans.com, we provide comprehensive, credible insights into Louisiana's dynamic landscape.
