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Bailey Power Plant 486 N Patterson Ave 204 - 18,403 SF of 4-Star Space Available in Winston-Salem, NC 27101

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HIGHLIGHTS

  • ±110,800 SF redevelopment of the former RJR Tobacco power plant
  • Additional ±15,058 SF of dividable shell space with significant TI package
  • Access to all Innovation Quarter onsite amenities
  • Built-out office space available (±204 - 5,650 SF)
  • Epicenter of the Innovation Quarter
  • Vibrant outdoor common spaces

ALL AVAILABLE SPACES(3)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste Retail/Restaurant
  • 3,306 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • Now

Amazing retail space available at Bailey Power Plant in the Innovation Quarter! The suite is ±3,306 SF and features industrial aesthetics, high ceilings, open floorplan, prep area, dishwashing station, grease trap, large windows, walk-in cooler, and ample storage. Located across the street from Bailey Park, Link IQ Apartments, Plant 64 Apartments. The Innovation Quarter is also home to Wake Forest University Health Sciences and Wake Forest School of Medicine.

  • Fully Built-Out as Standard Retail Space
  • High Ceilings
  • Space is in Excellent Condition
  • Surrounded by fantastic restaurants and bars.
  • 2nd Floor, Ste Office
  • 204-3,319 SF
  • Negotiable
  • $36.28 CAD/SF/YR $3.02 CAD/SF/MO $120,397 CAD/YR $10,033 CAD/MO
  • Office
  • Full Build-Out
  • Now

The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the former RJ Reynolds Tobacco Company’s coal-fire power plant. Located in the epicenter of the Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project. Bailey Power Plant brings Wexford’s redevelopment total to more than one million square feet, with more than $450 million in investment. The success of the Innovation Quarter is noticed through full occupancy of every facility with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • 10 Private Offices
  • Fully Built-Out as Standard Office
  • Fits 1 - 27 People
  • Space is in Excellent Condition
  • 3rd Floor, Ste Office
  • 3,280-11,778 SF
  • Negotiable
  • $36.28 CAD/SF/YR $3.02 CAD/SF/MO $427,249 CAD/YR $35,604 CAD/MO
  • Office
  • Full Build-Out
  • Now

The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the former RJ Reynolds Tobacco Company’s coal-fire power plant. Located in the epicenter of the Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project. Bailey Power Plant brings Wexford’s redevelopment total to more than one million square feet, with more than $450 million in investment. The success of the Innovation Quarter is noticed through full occupancy of every facility with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

  • Rate includes utilities, building services and property expenses
  • Mostly Open Floor Plan Layout
  • Space is in Excellent Condition
  • Fully Built-Out as Standard Office
  • Fits 9 - 95 People
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste Retail/Restaurant 3,306 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out Now
2nd Floor, Ste Office 204-3,319 SF Negotiable $36.28 CAD/SF/YR $3.02 CAD/SF/MO $120,397 CAD/YR $10,033 CAD/MO Office Full Build-Out Now
3rd Floor, Ste Office 3,280-11,778 SF Negotiable $36.28 CAD/SF/YR $3.02 CAD/SF/MO $427,249 CAD/YR $35,604 CAD/MO Office Full Build-Out Now

1st Floor, Ste Retail/Restaurant

Size
3,306 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Full Build-Out
Available
Now

2nd Floor, Ste Office

Size
204-3,319 SF
Term
Negotiable
Rental Rate
$36.28 CAD/SF/YR $3.02 CAD/SF/MO $120,397 CAD/YR $10,033 CAD/MO
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Floor, Ste Office

Size
3,280-11,778 SF
Term
Negotiable
Rental Rate
$36.28 CAD/SF/YR $3.02 CAD/SF/MO $427,249 CAD/YR $35,604 CAD/MO
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor, Ste Retail/Restaurant

Size 3,306 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Full Build-Out
Available Now

Amazing retail space available at Bailey Power Plant in the Innovation Quarter! The suite is ±3,306 SF and features industrial aesthetics, high ceilings, open floorplan, prep area, dishwashing station, grease trap, large windows, walk-in cooler, and ample storage. Located across the street from Bailey Park, Link IQ Apartments, Plant 64 Apartments. The Innovation Quarter is also home to Wake Forest University Health Sciences and Wake Forest School of Medicine.

  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • High Ceilings
  • Surrounded by fantastic restaurants and bars.

2nd Floor, Ste Office

Size 204-3,319 SF
Term Negotiable
Rental Rate $36.28 CAD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the former RJ Reynolds Tobacco Company’s coal-fire power plant. Located in the epicenter of the Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project. Bailey Power Plant brings Wexford’s redevelopment total to more than one million square feet, with more than $450 million in investment. The success of the Innovation Quarter is noticed through full occupancy of every facility with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 1 - 27 People
  • 10 Private Offices
  • Space is in Excellent Condition

3rd Floor, Ste Office

Size 3,280-11,778 SF
Term Negotiable
Rental Rate $36.28 CAD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the former RJ Reynolds Tobacco Company’s coal-fire power plant. Located in the epicenter of the Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project. Bailey Power Plant brings Wexford’s redevelopment total to more than one million square feet, with more than $450 million in investment. The success of the Innovation Quarter is noticed through full occupancy of every facility with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

  • Rate includes utilities, building services and property expenses
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 9 - 95 People
  • Space is in Excellent Condition

PROPERTY OVERVIEW

The first phase of the Bailey Power Plant is a 110,800 SF redevelopment of the former RJ Reynolds Tobacco Company’s coal-fire power plant. Located in the epicenter of the Innovation Quarter, the Bailey Power Plant is Wexford Science & Technology’s sixth project. Bailey Power Plant brings Wexford’s redevelopment total to more than one million square feet, with more than $450 million in investment. The success of the Innovation Quarter is noticed through full occupancy of every facility with dozens of innovative companies including Wake Forest University Health Sciences, Wake Forest School of Medicine, Wake Forest University, Mullen Lowe and Forsyth Tech Center for Emerging Technologies.

PROPERTY FACTS

Building Type
Office
Year Built
2018
LoopNet Rating
4 Star
Building Height
5 Stories
Building Size
110,800 SF
Building Class
A
Typical Floor Size
22,160 SF
Parking
32 Surface Parking Spaces
Covered Parking
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 19055308

  • Date on Market: 2025-05-14

  • Last Updated:

  • Address: 486 N Patterson Ave, Winston-Salem, NC 27101

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