180 Gulph RdKing of Prussia, PA 19406

This exceptional investment opportunity presents a 120,000-square-foot, free-standing retail building in King of Prussia, Pennsylvania, currently undergoing a 2024-2025 buildout. The property, situated on a 2.04-acre lot at 180 N Gulph Rd, 19406, is ideally located within the King of Prussia Mall, the largest mall in the United States by rentable square footage, boasting over 450 stores and attracting over 22 million annual visitors. This "Netflix House" concept, the first of its kind, will serve as a unique experiential entertainment venue, offering retail, dining, and immersive experiences inspired by popular Netflix shows. The property benefits from a brand-new, 10-year net lease with Netflix, Inc., a credit-rated tenant with a corporate guarantee, commencing December 31, 2024. The lease includes attractive 2.5% annual rent increases and three 5-year renewal options. The building, originally constructed in 1995, enjoys excellent access and connectivity, situated near major roadways including US-202, Interstate 76, Route 422, Interstate 276, and Interstate 476, providing unparalleled visibility and accessibility. This investment offers a compelling combination of a strong tenant, a prime location, and significant growth potential within a thriving retail environment. The property's strategic positioning as a new anchor tenant within the King of Prussia Mall ensures high foot traffic and exposure to a vast consumer base. This is a rare opportunity to acquire a unique and high-performing asset in one of the nation's most successful retail markets.