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Leased QSR Restaurant
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400 Exchange Drive, Laurens, SC 29360

A Zaxby's restaurant offered with a 15-year lease structure option and 3,600± SF on 1.0± acres.

Property SizeContact for details
Days on Market124

Property Features for 400 Exchange Drive

General Information

Standard status Active
Property subtype Retail
Listing Agency: Spencer/Hines Properties Spartanburg
Listed By: Guy Harris · License #SC 12927
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spencer/Hines Properties Spartanburg

Investment Insights

Based on property information with market context.

This for-sale investment property features a Zaxby's restaurant operating for approximately five years in the Laurens area. The offering includes an option to sign a 15-year lease under acceptable sale/leaseback terms. The building is sized at approximately 3,600± square feet and sits on roughly 1.0± acres.

The property is conveniently located near I-385 and directly off Highway 76, providing straightforward access for customers and delivery operations.

The asset is presented as an income-focused restaurant investment with a long-term tenant arrangement option in place through the sale/leaseback framework.

Key Highlights

  • Zaxby’s restaurant available with option for a 15‑year lease structure (sale/leaseback offer).
  • Rate listed at 5.75% (offer rate provided in the listing).
  • 3,600± SF restaurant building.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Electrical Service Big Box & Wholesale Store Storage Facility Dental Office (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby
294k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 33% Superstores 22% Groceries 16% Shops & Services 13%
Walmart Superstores
63,253 visits/mo 0.3 miles
Ingles Groceries
27,863 visits/mo 0.1 miles
Chick-fil-A Dining
27,357 visits/mo 0.3 miles
Murphy USA Shops & Services
16,156 visits/mo 0.3 miles
Aldi Groceries
14,007 visits/mo 0.1 miles

Demographics for 29360, SC

21,242
Population
9,521
Households
2.2
Avg Household Size
41
Median Age
15%
College-Educated
82%
High-School Grad
150.3 sq mi
ZIP Area
141
Density / Sq Mi
$55,846
Median Household Income
$36,083
Median Earnings
$808
Median Rent
$151,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - A Zaxby's restaurant offered with a 15-year lease structure option and 3,600± SF on 1.0± acres.
Where is this conventional restaurant located?
The property is located at 400 Exchange Drive Laurens, SC.
What are key features of this property?
This property features: Zaxby’s restaurant available with option for a 15‑year lease structure (sale/leaseback offer).; Rate listed at 5.75% (offer rate provided in the listing).; 3,600± SF restaurant building.
(864) 316-1318 Call to check price and availability
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