SRS Real Estate Partners Arranges $10.4M Sale Of Retail Property In Shreveport, Louisiana

The property involved in this transaction is a 72,525-square-foot retail asset located at 210 East Bert Kouns Industrial Loop, Shreveport, LA. The sale price was $10,400,000, and the price per square foot is $143. The asset was built in 2018 and is secured by a 13-year absolute triple-net, corporate-guaranteed lease.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,400,000
• Square Footage: 72,525
• Address: 210 East Bert Kouns Industrial Loop
• Market: Shreveport, LA
• Price per Square Foot: $143

SRS Real Estate Partners facilitated the transaction, representing the private investor who sold the asset to a publicly traded REIT. The brokers involved in this deal are Michael Berk, Patrick Nutt, and Chip Watson from SRS Real Estate Partners.