Reproduction steps:
1. Open the “IN-12086_NonRecursiveBuildIssue“ project and open the “SampleScene“ scene
2. Addressables Groups window > Play Mode Script > Use Existing Build
3. Addressables Groups window > Build > Clear Build Cache > All
4. Addressables Groups window > Build > New Build > Default Build Script
5. Enter Play mode and click the “Button” button (a blue square appears)
6. Exit Play mode and select the “Cube” prefab in the Project window
7. Uncheck the Addressable checkbox in the Inspector
8. Addressables Groups window > Build > New Build > Default Build Script
9. Enter Play mode and click the “Button” button

Expected result: A blue square appears
Actual result: A white square appears and a NullReferenceException is logged

Reproduced in: 1.20.0 (2020.3.39f1), 1.20.5 (2020.3.39f1, 2021.3.8f1, 2022.1.14f1, 2022.2.0b6, 2023.1.0a8)

Reproduced using: Windows 10, macOS Monterey 12.0.1

Notes:
1. Clearing the cache (step 3) before rebuilding (step 8) produces the expected result
2. Also reproduced in Player