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Hickman Business Tech Center 10400 Hickman Mills Dr 45,000 SF 100% Leased Flex Building Kansas City, MO 64137 $5,600,000 ($124.44/SF) 8.50% Cap Rate



Investment Highlights
- Hickman Business Center available for sale - 100% leased and NNN leased
- Lease Term 3+ years weighted average lease term
- Cap Rate 8.50%
- Tenants: Catalent; Omnicare Pharmacy of the Midwest, LLC; and ARC Physical Therapy
- Sale Price $5,600,000
Executive Summary
Hickman Business Center available for sale - 100% leased and NNN leased
Building Size: 43,723± SF
Clear Height: 16’
Parking Ratio: 3.24/1,000
Year Built: 1986
Loading: 3 docks; 1 drive in (additional loading positions blocked in)
HVAC: 100%
Available Space: 100% leased 3-tenant building
Tenants: Catalent; Omnicare Pharmacy of the Midwest, LLC; and ARC Physical Therapy
Lease Term: 3+ years weighted average lease term
Sale Price: $5,600,000
Cap Rate: 8.50%
Building Size: 43,723± SF
Clear Height: 16’
Parking Ratio: 3.24/1,000
Year Built: 1986
Loading: 3 docks; 1 drive in (additional loading positions blocked in)
HVAC: 100%
Available Space: 100% leased 3-tenant building
Tenants: Catalent; Omnicare Pharmacy of the Midwest, LLC; and ARC Physical Therapy
Lease Term: 3+ years weighted average lease term
Sale Price: $5,600,000
Cap Rate: 8.50%
Property Facts
| Price | $5,600,000 | Lot Size | 3.86 AC |
| Price Per SF | $124.44 | Rentable Building Area | 45,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.50% | Year Built | 1986 |
| Property Type | Flex | Parking Ratio | 3.24/1,000 SF |
| Property Subtype | Light Distribution | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Zoning | UR - UR Zoning | ||
| Price | $5,600,000 |
| Price Per SF | $124.44 |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 3.86 AC |
| Rentable Building Area | 45,000 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 3.24/1,000 SF |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | UR - UR Zoning |
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Manufacturing
- -
- -
-
Lorem Ipsum
-
Jan 0000
Catalent began in 2007 as a company built around pharmaceutical development and manufacturing capabilities. The business provides contract development and manufacturing services for medicines, biologics, cell and gene therapies, and consumer health products, covering work from development through commercial supply. Catalent has expanded through acquisitions and investments to build an end-to-end platform across oral, biologics, and advanced modalities. In 2024, Novo Holdings completed its acquisition of Catalent, and the company continues to operate under that ownership while serving pharmaceutical, biotechnology, and self-care customers across a global network.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Manufacturing | - | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 49-840-02-11-00-0-00-000 | Improvements Assessment | $1,215,526 |
| Land Assessment | $254,637 | Total Assessment | $1,470,163 |
Property Taxes
Parcel Number
49-840-02-11-00-0-00-000
Land Assessment
$254,637
Improvements Assessment
$1,215,526
Total Assessment
$1,470,163
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