Netflix House, the new retail, dining, and immersive experience, coming to the King of Prussia Mall, is set to open in the late fall of 2025. It is taking over the portion of the mall that was once home to Lord & Taylor. This specific property within the mall property at 180 North Gulph Road is owned by an entity associated with Hudson Bay Co., which owned Lord & Taylor from 2008 to 2019.

Please note, buying the property would make you Netflix House’s landlord. You aren’t buying the business.

From the listing on LoopNet.com:

CBRE is pleased to exclusively offer for sale the 120,000-square-foot Netflix House positioned as King of Prussia Mall’s newest anchor. This first-of-its-kind concept will serve as an experiential entertainment venue and will offer retail, dining and immersive experiences. Netflix House’s 10-year net lease will commence on December 31, 2024 and will feature a corporate guaranty from Netflix, Inc. (NASDAQ: NFLX, S&P: A, Fortune #131) as well as 2.5% annual rent escalations.

You can view the full listing here.

Image: CBRE