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 Features for 4188 Westroads Drive # 126
General Information
Building Details
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Investment Insights
Based on property information with market context.
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 |
Alternative Uses
Property Analytics
Current Use
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Demographics for 33407, FL
Market
Vacancy Rate% for Office in South region