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Office, Showroom & Flex Suite
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4188 Westroads Drive # 126, Riviera Beach, FL 33407

Renovated suite with high-bay flex showroom, executive mezzanine, and ground-floor service entry for automotive-focused operations.

Property Size3,000 SF
Price / SF$593.33
Days on Market124

Property Features for 4188 Westroads Drive # 126

General Information

Standard status Active
Size 3,000 SF
Property subtype Industrial, Retail, Business for Sale, Office

Building Details

Year Built 2005
Listing Agency: Home Deals, LLC
Listed By: Maribel Pena · License #3129535
Source: Crexi
Added: Apr 3 Changed: Jul 10 Last Checked: Aug 3 at 12:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Deals, LLC

Investment Insights

Based on property information with market context.

This fully renovated office, showroom, and flex suite totals 3,000 square feet and is laid out for dual use between public-facing presentation and operational work. The 2,000-square-foot open-concept flex showroom features high-bay ceilings and finished interior space that can support vehicle storage, light assembly, or studio-style production. A 750-square-foot executive mezzanine includes a full kitchen, modern bathroom, and a glass-partitioned conference area with a professional conference table and seating. The ground floor also provides a 250-square-foot service center with built-in service desks, positioned for client intake, logistics management, or a retail-facing counter.

The property is located at 4188 Westroads Drive #126 in Riviera Beach, Florida. It has most recently operated as a Ferrari A1GP Collection Showroom and as an operational hub associated with Taurino Racing’s automotive divisions.

Designed for buyers seeking a turnkey automotive presentation and working environment, the layout supports both customer-facing activity and back-of-house functions in the same facility. In addition, an optional 3-stack car storage rack is available for $30,000, intended to maximize utilization of the high-clearance flex showroom. The suite’s buildout includes dedicated areas for hosting and strategy at the mezzanine level, along with a dedicated service entry at the ground floor, supporting day-to-day client and operational needs.

Key Highlights

  • Renovated 3,000 SF office/flex showroom suite in a 2005‑built building
  • 2,000 SF open‑concept flex showroom with high‑bay ceilings for vehicle storage or light assembly
  • 750 SF executive mezzanine with full kitchen, modern bathroom, and glass‑partitioned conference area

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $136.8k $45.60
− Vacancy −$30.8k −$10.26
EGI $106.0k $35.34
− OpEx −$26.5k −$8.84
NOI $79.5k $26.51
3,000 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.14M
$993.9K – $1.33M (±1% cap)
NOI $79,515 @ 7.0% cap · market cap 4.47%
Second Best
Flex RnD
$942.7K
$824.9K – $1.10M (±1% cap)
NOI $65,988 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M (±1% cap)
NOI $147,894 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33407, FL

34,558
Population
15,147
Households
2.3
Avg Household Size
35
Median Age
26%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
3,491
Density / Sq Mi
$56,606
Median Household Income
$34,886
Median Earnings
$1,551
Median Rent
$290,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated suite with high-bay flex showroom, executive mezzanine, and ground-floor service entry for automotive-focused operations.
Where is this flex space located?
The property is located at 4188 Westroads Drive # 126 Riviera Beach, FL.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Renovated 3,000 SF office/flex showroom suite in a 2005‑built building; 2,000 SF open‑concept flex showroom with high‑bay ceilings for vehicle storage or light assembly; 750 SF executive mezzanine with full kitchen, modern bathroom, and glass‑partitioned conference area
More about this property
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