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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
Storefront
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

Chili's Grill & Bar
Seasons 52 Fresh Grill | Wine Bar
Hooters
Sullivan's Steakhouse
WSFS Bank
Bartaco
Starbucks
Bonefish Grill
BonChon
California Tortilla

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58-00-13212-005
Land Assessment
$937,570
Improvements Assessment
$6,436,930
Total Assessment
$7,374,500
  • Listing ID: 33013364

  • Date on Market: 8/30/2024

  • Last Updated:

  • Address: 180 N Gulph Rd, King Of Prussia, PA 19406

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