20442 Sherman Way

Multi-Tenant Strip Center | Papa John’s Pizza


20442 Sherman Way, a 2,400 square foot multi-tenant retail building on a 7,680 square foot lot. Papa John’s Pizza has been a tenant at the property for over 20 years showing a strong commitment to the site. The building has approximately 900 square feet that is currently vacant and could be occupied by an owner/user or leased out to a wide range of tenants. Papa John’s lease has 3% annual rent increases. Located one parcel east of the signalized corner of Sherman Way and Mason Avenue. National tenant’s within 2 blocks include: Smart & Final, El Pollo Loco, Starbuck’s, Subway, KFC, Walgreens, and 7-Eleven. A dense population in the surrounding neighborhood of over 260,000 residents in a 3-mile radius make this an ideal San Fernando Valley location for retail. The Sherman Way corridor has a long prestigious history as a main thoroughfare connecting the West and East Valley. Daily traffic counts exceed 30,000 vehicles per day

Property Highlights

  • Price - $1,100,000
  • All Cash Buyer
  • Lot - 7,679 SF
  • Multiple Offers
  • Value-Add
  • 30-Day Escrow
Get In Touch

Contact Us for a Property Evaluation