Cavalier Square is a well-maintained shopping center in the heart of Hopewell, Virginia. Initially constructed in 1967, this center has been well-maintained by the owner. This shopping center has three entrances and is in close proximity to Winston Churchill Dr.
Home to national tenants Roses, Save A Lot, Dollar Tree, and Firestone, the center serves as Hopewell's primary shopping destination. Multiple spaces are available, including a freestanding former bank building with a drive-thru. Two signalized entrances plus ample parking provide easy ingress and egress. A bus stop is within walking distance from the center.
Cavalier Square benefits from high visibility, immediate access to amenities, and proximity to highways and the greater Tri-Cities region. The center benefits from a highly populated trade area with over 54,940 residents and an average household income exceeding $77,000 within a five-mile radius. Fronting Winston Churchill Dr, over 16,000 daily vehicles pass by the property.
Established as a port city in the early 17th century, Hopewell is a suburban community located just minutes south of Richmond on the banks of the James River. Surrounding City Point, the northeast corner of town is filled with vintage buildings and storefronts, including the landmark Beacon Theatre. The city remains an important industrial community, with the chemical plants near the waterfront serving as some of the biggest employers in the area. Due to the vast range of affordable apartments, condos, and houses available to rent, Hopewell is also a popular option for Richmond-area commuters seeking budget-friendly living arrangements and a quaint small-town style.