Cushman & Wakefield Retail Investment Advisors, as exclusive agents, are excited to present to the investment community the opportunity to acquire Point West Plaza, a 100% leased, 119,664 SF destination retail center (the “Property”) in Sacramento, CA. The Property is anchored by Hobby Lobby and Kohl’s (NAP), and junior anchors include Petco, Old Navy, Five Below, David’s Bridal, and Daiso (coming soon). Due to the configuration of the parcels and loans, the asset can be purchased with or without the Hobby Lobby. With the existing debt at a 5.25% interest rate, the cash yield on the offering without Hobby Lobby is +/-9.1% and the LTV would be 51%. Given the super-regional nature of the Arden Fair trade area, convenient three street access and strong visibility, Ownership has consistently had new retail concepts inquiring here about leasing opportunities. Plus, Old Navy just started a store refresh at the tenant’s expense. Four tenants representing more than 86% of the total square footage have occupied the Property since at least August 2014. And the two newest tenants (Five Below and Daiso) joined the center in 2021 and 2024, respectively. Both Five Below and Daiso now pay $27/SF/Year, suggesting that there will be significant mark-to-market potential when the other tenants eventually roll to market. Point West Plaza is offered with two assumable Life Insurance Company loans (both with Thrivent Financial), which are co-terminus and total +/-$14.511 million with a 5.25% interest rate. One of the loans applies to only the Hobby Lobby parcel.