- For Lease Contact for pricing
- Property Type Retail - Street Retail
- Property Size 225,116 SF
- Lot Size 1,119,868 Acre
- Year Built 1990
- Date Updated Jun 13, 2026
Description
Christiansburg Marketplace Peppersferry & 460Christiansburg 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.
Highlights
- 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.
- 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.
- Ongoing Redevelopment: Major capital improvements include new facades, upgraded lighting, refreshed landscaping, and updated signage to enhance tenant and visitor experience.
- Outstanding Access and Visibility: New signalized intersection aligned with the New River Valley Mall entrance provides seamless ingress/egress and prominent street visibility.
- 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
- Significant Parking Availability: Over 1,400 surface parking spaces support customer convenience and drive increased dwell time across the property.
- The Community: The communities served by Christiansburg Marketplace contain a significant population willing to spend on elevated retail and restaurants.
- 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.
True
8 Spaces Available
Suite 12
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
1,660 SF
Divisible Space
1,660 - 1,660 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Suite 13
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
1,330 SF
Divisible Space
1,330 - 1,330 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Suite 15
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
831 SF
Divisible Space
831 - 831 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Suite 36
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
1,314 SF
Divisible Space
1,314 - 1,314 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Suite 4
Space Type
Retail
Lease Rate
Contact for pricing
Total Space
2,380 SF
Divisible Space
2,380 - 2,380 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Sam McCoy
Divaris Real Estate
Location
Contact Listing Broker
Sam McCoy
Divaris Real Estate