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Investment Highlights

  • Hickman Business Center available for sale - 100% leased and NNN leased
  • Lease Term 3+ years weighted average lease term
  • Cap Rate 7.73%
  • Tenants: Catalent; Omnicare Pharmacy of the Midwest, LLC; and ARC Physical Therapy
  • Sale Price $6,150,000

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: $6,150,000
Cap Rate: 7.73%

Property Facts

Price $6,150,000
Price Per SF $136.67
Sale Type Investment
Cap Rate 7.73%
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 is a global leader in enabling pharmaceutical, biotech, and consumer health partners to optimize product development, launch, and full life-cycle supply for patients worldwide. With extensive expertise in development sciences, delivery technologies, and multi-modality manufacturing, Catalent is a preferred Contract Development and Manufacturing Organization (CDMO) partner for personalized medicines, blockbuster drugs, and consumer health brand extensions. The company accelerates numerous partner programs and launches a significant number of new products each year. Its flexible manufacturing platforms, located at various global sites, supply billions of doses of a wide range of products annually. Catalent's rapidly growing expert workforce includes thousands of scientists and technicians. Headquartered in Somerset, New Jersey, Catalent, Inc. is an S&P 500® company and has generated substantial revenue in recent years.

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

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
  • Listing ID: 41111460

  • Date on Market: 6/30/2026

  • Last Updated:

  • Address: 10400 Hickman Mills Dr, Kansas City, MO 64137

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