SRS Real Estate Partners Completes $9.35 Million Sale of an Academy Sports Property in Madison, Mississippi

April 3, 2026 - 04:24

A prominent retail property occupied by Academy Sports + Outdoors in Madison, Mississippi, has changed hands in a multi-million dollar transaction. The single-tenant asset, strategically located on Grandview Boulevard, was sold for $9.35 million.

The property features a 70,000-square-foot building situated on approximately eight acres. It serves as a key retail destination within the thriving Madison community, which is noted for its strong demographic profile and consistent growth. The sale underscores the continued investor demand for well-located, essential retail properties occupied by creditworthy national tenants.

The transaction was facilitated by a dedicated investment team specializing in retail real estate. The firm represented the seller in closing this significant deal. Market analysts point to the stability of necessity-based retail, with sporting goods and outdoor retailers performing particularly well, as a driver for sustained investment activity in similar properties across the region. The sale highlights the ongoing strength of the single-tenant net-lease market for essential retail assets.