Shreveport, October 7, 2025
News Summary
SRS Real Estate Partners has successfully negotiated the sale of a retail property in Shreveport for $10.4 million. This single-tenant space, leased to Academy Sports + Outdoors, spans 72,525 square feet and sits on 7.7 acres of land. The deal included an absolute triple-net lease with 13 years remaining. Key players from SRS’ Capital Markets division facilitated the transaction, which highlights ongoing trends in the commercial real estate market and investor confidence in established retail brands.
Shreveport Property Sold for $10.4 Million
SRS Real Estate Partners has successfully negotiated the sale of a retail property for $10.4 million in Shreveport. The property is a single-tenant retail space that is currently leased to Academy Sports + Outdoors.
Property Details
The building has a total area of 72,525 square feet and occupies approximately 7.7 acres of land. It was built in 2018 and features an absolute triple-net, corporate-guaranteed lease, which has 13 years remaining.
Transaction Overview
The sale was facilitated by a team from SRS’ Capital Markets division, including Michael Berk, Patrick Nutt, and Chip Watson. The seller of the property is a private investor, while the buyer is a publicly traded Real Estate Investment Trust (REIT). Both parties have opted to remain anonymous in this transaction.
Market Context for Real Estate Transactions
This sale reflects ongoing trends in the real estate market where specific retail properties, particularly those linked to established brands like Academy Sports + Outdoors, continue to attract investment. The absolute triple-net lease structure is particularly appealing for investors seeking stable and predictable income streams from commercial properties. Transactions like this strengthen market conditions by showcasing investor confidence in high-performing retail locations.
Conclusion
The successful negotiation and sale of this property indicate robust activity in the commercial real estate sector in Shreveport and demonstrate the value of properties leased to reputable retail brands.
FAQ
What was the sale price of the Academy Sports + Outdoors property in Shreveport?
The property was sold for $10.4 million.
What type of lease is associated with the property?
The property features an absolute triple-net, corporate-guaranteed lease with 13 years remaining.
Who were the key players in the transaction?
The transaction involved representation from Michael Berk, Patrick Nutt, and Chip Watson of SRS’ Capital Markets team.
What is the size of the property?
The building occupies 72,525 square feet of space.
Who is the buyer and seller of the property?
The seller is a private investor, and the buyer is a publicly traded Real Estate Investment Trust (REIT). Both have requested anonymity.
Key Features of the Shreveport Property Sale
| Feature | Detail |
|---|---|
| Sale Price | $10.4 million |
| Property Type | Single-tenant retail space |
| Lease Type | Absolute triple-net, corporate-guaranteed |
| Remaining Lease Term | 13 years |
| Building Size | 72,525 square feet |
| Land Size | Approximately 7.7 acres |
| Year Built | 2018 |
| Buyer Type | Publicly traded Real Estate Investment Trust (REIT) |
| Seller Type | Private investor |
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Additional Resources
- ReBusiness Online: Shreveport Property Sale
- Wikipedia: Real Estate Investment Trust
- Shopping Center Business: Retail Property Sale
- Google Search: Shreveport real estate market
- KTBS: Life Jacket Giveaway
- Google Scholar: Real Estate Trends
- KCEN: Louisiana Academy Plans
- Encyclopedia Britannica: Commercial Real Estate
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.
