Chesterfield Marketplace: A Premier Retail and Entertainment Hub

A Dynamic Retail Destination in North Chesterfield

Chesterfield Marketplace stands out as a major retail and entertainment complex in North Chesterfield, Virginia. Established in 1998, the center covers approximately 199,391 square feet of leasable space and sits on a 51.72-acre site. Positioned strategically along Midlothian Turnpike (U.S. Route 60), a corridor that sees over 55,000 vehicles per day, the marketplace benefits from excellent visibility and accessibility. It is part of the Chesterfield Town Center ring road, making it a convenient stop for both locals and visitors.

Diverse Shopping and Entertainment Options

The marketplace hosts a variety of tenants that cater to diverse consumer needs. From everyday essentials at Dollar Tree to office supplies at Staples, the retail mix is broad. Entertainment venues like Sky Zone trampoline park and Thunderbolt Indoor Karting provide active, family-friendly fun. Dining options include Subway and Jiang's Chinese Restaurant, adding to the center’s appeal as a social and leisure destination. The center’s design supports a power center format with large anchor stores complemented by smaller specialty shops.

Community and Economic Impact

Located in one of the highest-income zip codes in the Richmond metro area, Chesterfield Marketplace serves a substantial population with average household incomes exceeding $110,000 within a five-mile radius. The center supports local employment and contributes to the economic vitality of the region. With nearly 1,742 parking spaces and dedicated turn lanes, it accommodates high visitor volumes comfortably, enhancing the shopping experience.

Accessibility and Visitor Experience

Visitors benefit from the center’s convenient layout and ample parking. The signalized intersection and pylon signage improve traffic flow and wayfinding. The marketplace’s location on a major commercial corridor ensures easy access by car, while the surrounding area offers additional retail and service amenities. The environment is casual and lively, making it suitable for families and individuals seeking a comprehensive shopping and entertainment outing.

Leasing and Commercial Opportunities

Chesterfield Marketplace offers flexible leasing options with spaces ranging from 1,200 to over 16,000 square feet. Lease rates vary from $10 to $25 per square foot per year on a triple net basis. This flexibility attracts a range of retailers and service providers, maintaining a dynamic tenant mix. The center’s management emphasizes tenant support and community engagement, fostering a vibrant commercial environment.

Future Outlook and Regional Significance

As a well-established retail hub, Chesterfield Marketplace continues to adapt to evolving consumer trends. Its blend of retail, dining, and entertainment ensures its role as a key destination in the Richmond metro area. The center’s location, tenant diversity, and amenities position it for sustained relevance and growth, making it a cornerstone of North Chesterfield’s commercial landscape.