Lease of Two Historic Downtown Buildings

The Town of Southern Pines is seeking proposals to lease two historic downtown buildings, with separate property-specific proposals required for each building a prospective tenant wishes to lease.

Town of Southern Pines


General
Open (open)
Jan 11, 2027 07:00 PM
Oct 28, 2026 12:00 AM
Request for Proposal (RFP)
Local
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Original Solicitation Links
Contact
brobertson@southernpines.net
Submission Instructions
Description

The Town is seeking proposals to lease either or both of two historic downtown buildings: a 2,046-square-foot former administration building and a 7,541-square-foot former library and finance building. A separate proposal is required for each property. Proposals should describe the proposed tenant and use, operating plan, planned improvements and signage, offered rent and requested lease terms, occupancy timeline, and relevant qualifications. The proposed use must complement the historic downtown setting; exterior changes and construction are subject to Town and historic-district review and approvals. The solicitation provides reference rents of $4,260 per month for the smaller building and $10,840 per month for the larger building. The tenant is responsible for upfit costs, liability insurance, utilities, and specified maintenance obligations. The initial lease term sought is at least five years, with the initial term and any extensions capped at a combined 9 years and 11 months.

Classification Codes
NAICS531120Lessors of Nonresidential Buildings (except Miniwarehouses)
PSCX111Lease/Rental of Office Buildings
Smart Codes
historic building leasingcommercial property leasingdowntown property leasing
Timeline
Dec 3, 2026-Open House and Building Tours (optional)
Tours are scheduled at 180 SW Broad Street from 9:30 to 11:30 a.m. and at 125 SE Broad Street from 2:00 to 4:00 p.m.
Jan 11, 2027 07:00 PM-Proposal Submission Deadline
Jan 26, 2027 08:00 PM-Town Council Review (optional)
Town Hall Meeting Chambers. The review is a Town Council work session; attendance is not identified as a proposer meeting.
Requirements
Required
  • Liability Insurance — $1,000,000.00
  • Personal Property Insurance
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