NAI Charleston, a leading full-service commercial real estate firm headquartered in Charleston, announced the sale of 4250 Scott Street for $1,300,000 to Lee-Gle 4955 LLC (dba Palmetto Paint Specialties, Inc.), a locally owned and operated coatings supplier specializing in industrial/commercial, automotive and wood coatings. They purchased the building to expand their existing operations in the Charleston market.

The sale of 4250 Scott Street includes a ±14,000 SF free-standing building consisting of ±1,974 SF office/showroom as well as warehouse and distribution space. Located on Scott Street in North Charleston, just off heavily trafficked Dorchester Road, it is bookended by two major interstates- I-26 to the East and I-526 to the West. North Charleston is one of South Carolina’s major industrial centers and is the state’s third-largest city and the top in gross retail sales.

“We continue to see demand from business owners seeking to capitalize on historically low interest rates, and with our limited supply of vacant commercial ‘flex’ properties, I expect this area of our business to continue to grow with the popularity of Charleston as a region,”  said Dexter C. Rumsey IV, Partner at NAI Charleston. He and Ryan Carmody, Associate at NAI Charleston, represented the seller in this transaction, White Point Management, LLC. Sarah Shelley, Associate at NAI Charleston, represented Palmetto Paint Specialties, Inc.

NAI Charleston is consistently ranked as one of the top commercial real estate firms in Charleston whose industry experts have over a century of combined experience in the local and regional commercial real estate industry and over $1 billion in total transaction volume.

About NAI Charleston

NAI Charleston is a full-service commercial real estate brokerage and management firm with industry experts who have over 150 years of combined experience in the Charleston commercial real estate market. In 2017, local brokers Thomas Boulware, Dexter Rumsey, David Ingle and David Grubbs partnered together to establish NAI Charleston as an independent franchise of NAI Global.

Learn more at naicharleston.com.

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