Christiansburg Marketplace

2665 Market St NE, Christiansburg, VA 24073

About

Christiansburg Marketplace in the New River Valley offers a compelling opportunity for tenants to join a premier lineup of high-performing, market-exclusive national retailers. Anchored by destination tenants such as Earth Fare, Chipotle, Mission BBQ, and Starbucks, the center curates a dynamic tenant mix that attracts a steady flow of customers throughout the day. This co-tenancy environment enhances cross-shopping potential and reinforces the center’s status as the retail hub of the New River Valley, making it an ideal fit for both established brands and emerging concepts seeking strategic placement. Located at the high-traffic intersection of North Franklin Street and Peppers Ferry Road, Christiansburg Marketplace captures the full draw of the Christiansburg, Blacksburg, and Virginia Tech trade area. With over 117,000 residents and a daytime population exceeding 123,000 within a 10-mile radius, the center serves as the primary shopping destination for the region. The presence of Virginia Tech—just minutes away—further boosts visitation, solidifying the center’s role as a dominant regional retail node supported by data-driven insights from Placer.ai. The property offers exceptional access and visibility, with direct signalized entry aligned with New River Valley Mall’s main entrance and exposure to more than 70,000 vehicles per day across adjacent roadways. Ample parking, upgraded facades, modern signage, and multiple pylon signs enhance the customer experience and ensure maximum visibility for tenants. With ongoing redevelopment and flexible leasing options, Christiansburg Marketplace is uniquely positioned to accommodate a variety of retail, dining, and service uses in a high-growth corridor.

  • Prime Co-Tenancy: Home to national and regional anchors including Earth Fare, Starbucks, Chipotle, Mission BBQ, Academy Sports, and First Watch, creating a hightraffic, complementary tenant mix
  • True Regional Trade Area: Serves as the dominant retail destination for Christiansburg, Blacksburg, and the broader Virginia Tech area, reaching a population of over 117,000 within a 10-mile radius. The location is between Blacksburg and Christiansburg making it perfect to serve both locations.
  • High Traffic Counts: Exceptional exposure with 13,000 VPD on Peppers Ferry Rd, 14,000 VPD on North Franklin St, and 45,000 VPD on nearby US Route 460.
  • Outstanding Access and Visibility: New signalized intersection aligned with the New River Valley Mall entrance provides seamless ingress/egress and prominent street visibility.
  • Significant Parking Availability: Over 1,400 surface parking spaces support customer convenience and drive increased dwell time across the property.
  • Ongoing Redevelopment: Major capital improvements include new facades, upgraded lighting, refreshed landscaping, and updated signage to enhance tenant and visitor experience.
  • Flexible Leasing Options: A wide range of available shop spaces and pads allow for a variety of retail, dining, and service concepts to join this revitalized center.
  • The Community: The communities served by Christiansburg Marketplace contain a significant population willing to spend on elevated retail and restaurants.
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Listing courtesy of Sam McCoy, smccoy@divaris.com, Divaris Real Estate Inc

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