Bailey Power Plant 23-1   |  450 N. Patterson   |   1,128 - 13,232 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    Nick Gonzalez at nick@ltpcommercial.com

    —or—

    Ben Bloodworth at ben@ltpcommercial.com

    The second phase of the Bailey Power Plant redevelopment, Bailey South, is a 75,000 SF mixed-use reactivation of the former RJ Reynolds Tobacco Company’s coal-fire power plant and a modern repurposing of a historical railway. Located in the epicenter of downtown Winston-Salem’s Innovation Quarter, the second phase of Bailey Power Plant is being developed by Front Street Capital. The success of the Innovation Quarter is noticed through over one million square feet with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Inmar, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

    Address:450 N. Patterson
    City:Winston-Salem
    Zip:27101
    Avail sf ± 1,128 - 13,232
    Lease TypeFull Service (Office), NNN (Retail)
    Lease Rate/sf$25.00-$26.00
  • Aerial Map
  • PROPERTY DETAILS

    Property Type Office
    Retail
    Avail sf ± 1,128 - 13,232
    Building sf ± 75,000
    Office sf ± 2,329 - 10,903
    Retail sf ± 1,128 - 8,582
    Year Built ±Projected June 2020
    Floors ±4
    Elevator ±Yes
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    County:Forsyth , NC

    PRICING & TERMS

    Lse Rt/sf ±$25.00-$26.00
    Taxes (Est)$4.50psf (Retail)
    Lease TypeFull Service (Office), NNN (Retail)
    CommentsThe second phase of the Bailey Power Plant redevelopment, Bailey South, is a 75,000 SF mixed-use reactivation of the former RJ Reynolds Tobacco Company’s coal-fire power plant and a modern repurposing of a historical railway. Located in the epicenter of downtown Winston-Salem’s Innovation Quarter, the second phase of Bailey Power Plant is being developed by Front Street Capital. The success of the Innovation Quarter is noticed through over one million square feet with dozens of innovative compan