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Bailey Power Plant 23-1

450 N. Patterson Avenue Winston-Salem NC 27101

  • Lease Type
    Full Service (Office)
  • Lease Rate/SF
    $26.00-$29.00 PSF (Office), $25.00 PSF (Retail)

Bailey South is a unique development that combines a 10,000 SF historic power plant with 65,000 SF of innovative new design. Expansive outdoors spaces, engaging building design, and connectivity to the surrounding live-work-play community create an unparalleled opportunity for retail, entertainment and office space. The 2nd floor retail and office entrance is serviced from R. J. Reynolds’s historic elevated railroad trestle that extends directly from 4th Street sidewalk, downtown Winston-Salem’s busiest pedestrian and car thoroughfare. This vibrant, mixed-use project will play an important role in the expansion of the Wake Forest Innovation Quarter and its impact on the surrounding downtown Winston-Salem community.


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Property Information

  • Property Type
    Office, Retail
  • Floors
  • Elevators

Pricing & Terms

  • Lease Rate/SF
    $26.00-$29.00 PSF (Office), $25.00 PSF (Retail)
  • Lease Type
    Full Service (Office)
  • Comments
    ± 8,949 RSF of available office space (Spaces range from 2,359-3,320 RSF) | ± 15,987 RSF of available retail space (Spaces range from 1,148-8,700 RSF)

Aerial Map