S.P. Steakhouse Up for Lease
The yet-to-open upscale steakhouse in downtown Southern Pines is up for lease.
The 6,500-square-foot restaurant — named Southern Prime Steakhouse by its current owners — at 270 SW Broad St. is being offered for lease by Clift Commercial for $15,000 per month in the first year. The listing is online at LoopNet.com. and cliftcommerical.com.
Susan Clift Brown, broker in charge with the company, confirmed the listing Friday morning and said that she was “actively pursuing” clients to lease the space. She declined to name prospective clients or say when the building might be leasedand eventually opened.
Last week, Phillip O’Connor, the chief financial officer and general partner with Cary-based MVOC, the building’s current owners, failed to mention that the restaurantwas up for lease in an e-mail to The Pilot. He said there “is not really anything new to report on the restaurant.”
He went on to say that the owners “continue to review our market, and the economic state and continue to believe that we must wait a while longer before plunging into an opening.”
He could not be reached by deadline for comment for this story.
The restaurant is on the site of the former La Terrace restaurant. It has remained vacant since construction was completed in September 2009. O’Connor has cited a depressed economy as the main reason for the restaurant not opening.
In November 2007, MVOC, removed an 80-year-old Deodara cedar tree, which angered a group of residents who fought in vain to save it.
More like this story