OTHERAMENDED

Town Council Amends and Approves Depot Lease to Seaboard Speakeasy LLC

The Town of Southern Pines approved an amended lease agreement with Seaboard Speakeasy, LLC for the Train Depot at 305 NW Broad Street. The lease provides a 2-year term with a five-year extension option and escalating rent. The agreement covers tenant renovation, maintenance, and alcohol service operations.

Status
AMENDED
Document date
March 24, 2026
Contract type
OTHER
Vendor
Seaboard Speakeasy Llc
Agency
Town of Southern Pines · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$3,000/month (initial term), $1,000/month or $34/day before opening, 3% annual increase on extension
Contract type
OTHER
Contract term
Initial 2 years, option for additional 5 years, latest possible commencement by July 1, 2026
Renewal date
2033-07-01
Renewal
Option for an additional five (5) years, with a 3% annual rent increase during the extension; proration in the first month if opening is mid-month; amendments clarified commencement date and extension terms.
Document type
Agenda
Source document
Town of Southern Pines Council Work Session Agenda March 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Southern Pines?

Seaboard Speakeasy Llc was awarded this government contract by Town of Southern Pines, as recorded on March 24, 2026. The contract value is $3,000/month (initial term), $1,000/month or $34/day before opening, 3% annual increase on extension.

How much is the Seaboard Speakeasy Llc contract with Town of Southern Pines worth?

The Seaboard Speakeasy Llc contract with Town of Southern Pines is valued at $3,000/month (initial term), $1,000/month or $34/day before opening, 3% annual increase on extension.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Town of Southern Pines Council Work Session Agenda March 2026 (Agenda), dated March 24, 2026 from Town of Southern Pines. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Seaboard Speakeasy Llc hold?

Seaboard Speakeasy Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Town of Southern Pines currently buying?

Explore Town of Southern Pines's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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