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782 New River Rd
Christiansburg, VA 24073
Uptown Christiansburg · Retail Property For Sale

Investment Highlights

  • 405,000+ SF Regional Center Servicing a Large Trade Area Including the Students of Virginia Tech University (37,000+ students)
  • Above Average Store Rankings According to Placer.AI for Anchor Tenants
  • Large Continuous Tract: 54+ Acres including all anchor boxes
  • Outward Facing National Anchors: Belk, Kohl's, Dick's Sporting Goods, HomeGoods, Ulta, Kirkland's, and Planet Fitness
  • Outward Facing Anchors Account for Half of the Income Stream
  • Strong Stability: National anchors with significant term remaining on their leases

Property Facts

Property Type
Retail
Building Size
424,774 SF
Building Class
B
Year Built/Renovated
1988/2019
Tenancy
Multiple
Building Height
1 Story
Loading Docks
10 Exterior
Building FAR
0.18
Lot Size
54.59 AC
Zoning
B3 - GENERAL BUSINESS
Parking
1,621 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
1,217’ on New River Rd

Amenities

  • Kiosk/Cart Space
  • Enclosed Mall

Sustainability

LEED Certified
Silver
LEED certification is a globally recognized symbol of sustainability achievement.

Sustainability

LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)

Property Taxes

Property Taxes

Parcel Number
007741
Land Assessment
$14,388,900
Improvements Assessment
$3,011,100
Total Assessment
$17,400,000
  • Listing ID: 29228540

  • Date on Market: 8/9/2023

  • Last Updated:

  • Address: 782 New River Rd, Christiansburg, VA 24073

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