404-923-1381
180 N Gulph Rd, King Of Prussia, PA for Sale
Storefront - FOR SALE
1/12
null | Request Cap Rate

180 N Gulph Rd
King Of Prussia, PA 19406


HIGHLIGHTS

  • #1 Player in Streaming Industry
  • Brand-New Lease with Corporate Guaranty & Annual Rent Escalations
  • First of its Kind Concept
  • Newest Anchor at the Largest Mall by Rentable Square Footage in the United States
  • Excellent Access & Connectivity

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Netflix House: King of Prussia, PA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Restaurant, Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

SC

APN/PARCEL ID

58-00-13212-005

ASK ABOUT THIS PROPERTY

Will PikeCBRE, Inc.More Info
404-923-1381

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Will PikeCBRE, Inc.More Info
404-923-1381

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.