Kirby & Kirby
Listed by Kirby & Kirby
$1,200,000
250 South County Trail
Details
APN 250SOUTHCOUNTYTRLEXET
Property Type Retail
Sub Type Storefront
Square Footage 6,480
Units 1
Year Built 1988
Buildings 1
Acreage 1.230
Zoning RU-4
Parking Spaces 50 spaces
Parking Per SqFt 7.72
Retail | 6,480 SqFt
Marketing description
A well-maintained four-unit retail strip plaza in Exeter, offering two occupied units with established tenants and two vacant spaces ready for immediate occupancy — an ideal opportunity for investors or owner-users looking to add value.
The property has seen a series of meaningful capital improvements in recent years, reflecting a proactive ownership approach. In 2023, new gutters were installed, fencing around the dumpster enclosure was replaced, a mason inspection was completed with all identified deficiencies addressed, major potholes at the entrance were repaired, and a landscaping program was initiated to manage overgrowth. Most recently in 2025, the well was updated to current code, ensuring long-term compliance and reliability.
The property is serviced by a two-tank septic system featuring a primary grease trap, efficient leach field, and two surface-level access covers.
With stabilized income from two existing tenants, upside through lease-up of the vacant units, and a clear record of recent physical improvements, this plaza presents a straightforward value-add opportunity in a community retail setting.
One tenant has a First Right of Refusal on a purchase offer.
Listing Contacts
Kirby & Kirby
Listed by Kirby & Kirby
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?



































