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Netflix House Philadelphia 180 N Gulph Rd 120,374 SF 5-Star Retail Building King Of Prussia, PA 19406 For Sale
INVESTMENT HIGHLIGHTS
- First of its Kind Concept
- Newest Anchor at the Largest Mall by Rentable Square Footage in the United States
- #1 Player in Streaming Industry
- Strategic Location in King of Prussia Retail District
EXECUTIVE SUMMARY
The Offering
CBRE is pleased to exclusively offer for the sale the 120,000 SF Netflix House, serving as the newest anchor to King of Prussia Mall. This first-of-its-kind concept is an experiential entertainment venue offering retail, dining, and immersive experiences centered around Netflix’s IP content. Netflix House’s net lease has 9.0 years of term remaining with 2.50% annual rent escalations and features a corporate guaranty from Netflix, Inc. (NASDAQ: NFLX, S&P: A, Fortune 500 #116).
CBRE is pleased to exclusively offer for the sale the 120,000 SF Netflix House, serving as the newest anchor to King of Prussia Mall. This first-of-its-kind concept is an experiential entertainment venue offering retail, dining, and immersive experiences centered around Netflix’s IP content. Netflix House’s net lease has 9.0 years of term remaining with 2.50% annual rent escalations and features a corporate guaranty from Netflix, Inc. (NASDAQ: NFLX, S&P: A, Fortune 500 #116).
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
120,374 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 - 4230 - Department Store
Frontage
2,646’ on North Gulph Road
AMENITIES
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Information
- -
- -
-
Jan 0000
Netflix is one of the world's leading entertainment services with memberships enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Information | - | - | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 58-00-13212-005 | Improvements Assessment | $8,802,309 CAD |
| Land Assessment | $1,282,099 CAD | Total Assessment | $10,084,408 CAD |
PROPERTY TAXES
Parcel Number
58-00-13212-005
Land Assessment
$1,282,099 CAD
Improvements Assessment
$8,802,309 CAD
Total Assessment
$10,084,408 CAD
CONTACTS
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Christopher Munley -
Colin Behr -
Cyrus Felfeli -
Brian Bruzek -
Christopher Bosworth -
Brian Pfohl -
Ryan Sciullo -
Will Pike -
Abby Kelly -
Leah Lindell -
Kaitlyn Wolf -
Katie Goldberg -
Molly Flaherty -
Elisabeth Tefft -
CBRE
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Netflix House Philadelphia | 180 N Gulph Rd
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