Academy Sports + Outdoors

SRS Real Estate Brokers $10.4 Million Sale of Single-Tenant Retail Property in Shreveport, Louisiana

by Abby Cox

Shreveport, La. — SRS Real Estate Partners has brokered the $10.4 million sale of a single-tenant retail property in Shreveport. Academy Sports + Outdoors occupies the 72,525-square-foot building on an absolute triple-net, corporate guaranteed lease with 13 years remaining. Built in 2018, the property is situated on roughly 7.7 acres. Michael Berk, Patrick Nutt and Chip Watson of SRS Capital Markets represented the seller, a private investor, in the transaction. The buyer was a publicly traded REIT. 

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