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1900 Point West Way
Sacramento, CA 95815
Office Property For Sale
Investment Highlights
- Opportunity to Add Value at Well Below Replacement Costs
- Limited Developable Land
- Ideally Located
Executive Summary
Cushman and Wakefield, as exclusive agent, is pleased to present the opportunity to acquire a 100% fee simple interest in Point West Plaza (the “Property”), located at 1900 Point West Way, Sacramento, CA. '
Originally constructed in 1974, Point West Plaza was renovated in 2006 and further upgraded in 2014/2016, with ongoing improvements continuing through 2026. The property comprises a single, two-story, garden-style office building totaling approximately 56,568 rentable square feet and offering 218 parking spaces. Strategically positioned within the highly sought-after Point West submarket, the property provides immediate access to a wide array of nearby amenities and services.
Its close proximity to the Capital City Freeway ensures convenient connectivity to all areas of the greater Sacramento region.
This offering presents a compelling investment opportunity, offered at well below replacement cost with significant upside through lease-up and value-add strategies. Located in a highly desirable submarket just minutes from downtown, the property offers free on-site parking and exceptional regional connectivity, with immediate access to I-80, I-5, and Highway 50. Its central location and accessibility position the asset well to attract a diverse tenant base while providing investors the opportunity to create value through strategic leasing
Originally constructed in 1974, Point West Plaza was renovated in 2006 and further upgraded in 2014/2016, with ongoing improvements continuing through 2026. The property comprises a single, two-story, garden-style office building totaling approximately 56,568 rentable square feet and offering 218 parking spaces. Strategically positioned within the highly sought-after Point West submarket, the property provides immediate access to a wide array of nearby amenities and services.
Its close proximity to the Capital City Freeway ensures convenient connectivity to all areas of the greater Sacramento region.
This offering presents a compelling investment opportunity, offered at well below replacement cost with significant upside through lease-up and value-add strategies. Located in a highly desirable submarket just minutes from downtown, the property offers free on-site parking and exceptional regional connectivity, with immediate access to I-80, I-5, and Highway 50. Its central location and accessibility position the asset well to attract a diverse tenant base while providing investors the opportunity to create value through strategic leasing
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
56,568 SF
Building Class
C
Year Built
1974
Price
$4,950,000
Price Per SF
$87.51
Percent Leased
63%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
28,284 SF
Slab To Slab
10’
Building FAR
0.38
Lot Size
3.40 AC
Zoning
OB-R-PUD - Office/Review/Planned Unit Development
Parking
218 Spaces (3.85 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Bus Line
- Conferencing Facility
- Property Manager on Site
- Signage
Property Taxes
| Parcel Number | 277-0281-006 | Improvements Assessment | $3,700,000 |
| Land Assessment | $1,800,000 | Total Assessment | $5,500,000 |
Property Taxes
Parcel Number
277-0281-006
Land Assessment
$1,800,000
Improvements Assessment
$3,700,000
Total Assessment
$5,500,000
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