One of the most talked-about new attractions at King of Prussia Mall is now doubling as a real-estate selling point, writes Linda Moss for CoStar.
The former Lord & Taylor building that now houses the nation’s first Netflix House has been listed for sale. This comes just months after the experiential venue debuted. The 120,000-square-foot anchor property at 180 N. Gulph Road is being marketed by CBRE, which is leaning heavily on Netflix’s long-term lease to attract investors.
Netflix House opened in November as the brand’s inaugural brick-and-mortar destination. The venue blends immersive attractions, dining, and retail tied to the streaming giant’s most popular shows and films. Netflix has committed to a nine-year net lease at the King of Prussia site, complete with annual rent increases and a corporate guaranty.
The property is jointly owned by Simon Property Group, which owns the mall itself. Saks Global, the entity formed after Hudson’s Bay Co. consolidated its U.S. real estate holdings, also co-owns it. Saks Global has been actively selling assets as it reshapes its portfolio, making high-profile tenants like Netflix especially valuable.
For Montgomery County, the listing highlights how King of Prussia continues to evolve, transforming vacant department stores into experience-driven destinations that resonate well beyond traditional retail.
To learn more about the sale and the strategy behind it, visit CoStar.
Editor’s Note: This post was originally published on MONTCO.Today in January 2026.
