180 Gulph Rd King Of Prussia, PA 19406-2932
Property profile & analytics
180 Gulph Rd King Of Prussia, PA 19406-2932
- Retail properties & Spaces
- 120,374 SF
- 2.04 lot acres
Property ID
US73-2959895
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BCBGMAXAZRIA at Lord & Taylor / Clothing Store / Fashion Accessories Store
Property Details for 180 Gulph Rd
- Year built
- 1995
- Lot size
- 2.04 lot acres
- Property size
- 120,374 SF
- Zone code
- SC
- Property type
- Retail properties & Spaces
- APN
- 58-00-13212-00-5
- APU
- 580013212005
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $10,110,000
Market price range: $4.23M - $23.0M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- King Of Prussia
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.3898
- Latitude
- 40.0868
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$227,267
$937,570
$6,436,930
$7,374,500
-
$937,570
$6,436,930
$7,374,500
