Netflix House: King of Prussia, PA | 180 N Gulph Rd
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Netflix House: King of Prussia, PA 180 N Gulph Rd
120,000 SF 5-Star Retail Building King Of Prussia, PA 19406 For Sale
Investment Highlights
- #1 Player in Streaming Industry
- First of its Kind Concept
- Excellent Access & Connectivity
- Brand-New Lease with Corporate Guaranty & Annual Rent Escalations
- Newest Anchor at the Largest Mall by Rentable Square Footage in the United States
Executive Summary
CBRE is pleased to exclusively offer for sale the 120,000-square-foot Netflix House positioned as King of Prussia Mall’s newest anchor. This first-of-its-kind concept will serve as an experiential entertainment venue and will offer retail, dining and immersive experiences. Netflix House’s 10-year net lease will commence on December 31, 2024 and will feature a corporate guaranty from Netflix, Inc. (NASDAQ: NFLX, S&P: A, Fortune #131) as well as 2.5% annual rent escalations.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
120,000 SF
Building Class
A
LoopNet Rating
5 Star
Year Built/Renovated
1995/2025
Tenancy
Single
Building Height
2 Stories
Building FAR
1.35
Lot Size
2.04 AC
Zoning
SC - Department Store
Frontage
2,646 FT on North Gulph Road
Amenities
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 58-00-13212-005 | Improvements Assessment | $6,436,930 |
Land Assessment | $937,570 | Total Assessment | $7,374,500 |
PROPERTY TAXES
Parcel Number
58-00-13212-005
Land Assessment
$937,570
Improvements Assessment
$6,436,930
Total Assessment
$7,374,500
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Netflix House: King of Prussia, PA | 180 N Gulph Rd
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