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Office-Broadcast Campus with Rammed Earth
For Sale
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6006 S 30th St, Phoenix, AZ 85042

For sale campus with a Class A office/broadcast building, a vacant shell, and approximately 105 underground parking spaces.

Property Size41,338 SF
Lot Size9.21 Acres
Price / SF$290.29
Days on Market164

Property Features for 6006 S 30th St

General Information

Standard status Active
Size 41,338 SF
Class A
Total Parking Spaces 105
Lot size 9.21 Acres
Property subtype Office, Retail
Zoning C-2
Occupancy 100%
Investment Type Redevelopment

Building Details

Year Built 2001
Listing Agency: Newmark - Phoenix
Listed By: David Guido · License #AZ BR515993000
Source: Crexi
Added: Mar 31 Changed: Aug 27 Last Checked: Sep 9 at 9:10AM

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 Newmark - Phoenix

Investment Insights

Based on property information with market context.

Televisa Univision Broadcasting & Office Facility at 6006 S 30th St, Phoenix, AZ 85042 is a multi-building campus featuring a 36,338 SF Class A office/broadcast facility and a vacant ±5,000 SF shell building. Built in 2001 by Chanen Construction, the property is distinguished by iconic rammed earth architecture and includes two interconnected pods designed for broadcasting/technical and office/admin functions.

Set on 9.21 acres, the campus also provides approximately 105 underground parking spaces. The site is about 8 minutes from Sky Harbor Airport and roughly 12 minutes from Downtown Phoenix, and it is located adjacent to The Farm at South Mountain and an 11-acre nursery.

Key Highlights

  • 9.21‑acre campus at 6006 S 30th St, Phoenix, AZ 85042, with a Class A office/broadcast building and additional shell space
  • 36,338 SF Class A office/broadcast building built in 2001 by Chanen Construction
  • Vacant ±5,000 SF shell building on the property for flexible redevelopment use

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$707,654
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.90%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,153,080 $14.2M
Cap Rate 7%
$10,109,343 $10.1M
Cap Rate 9%
$7,862,822 $7.9M
Market Conditions
NOI Build-Up for 41,338 SF 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.
Gross rent
$1.27M $30.72/SF
− Vacancy
−$326.4K −$7.90/SF
EGI
$943.5K $22.82/SF
− OpEx
−$235.9K −$5.71/SF
NOI
$707.7K $17.12/SF
Area
Phoenix, AZ
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,153,080
Cap Rate 7%
$10,109,343
Cap Rate 9%
$7,862,822

Alternative Uses

Best Use
Office B
$10.11M
$8.85M – $11.79M (±1% cap)
NOI $707,654 @ 7.0% cap · market cap 5.90%
Second Best
no second resolved use
Theoretical Best
Office A
$12.52M
$10.96M – $14.61M (±1% cap)
NOI $876,514 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Univision Network Television Studio BFL Construction, Inc. Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Auto Repair Shop

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

354
Businesses Nearby

Demographics for 85042, AZ

45,433
Population
16,139
Households
2.8
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
19.4 sq mi
ZIP Area
2,342
Density / Sq Mi
$86,837
Median Household Income
$46,897
Median Earnings
$1,495
Median Rent
$353,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
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Frequently Asked Questions

What type of property is this?
Office building - For sale campus with a Class A office/broadcast building, a vacant shell, and approximately 105 underground parking spaces.
Where is this office building located?
The property is located at 6006 S 30th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: 9.21‑acre campus at 6006 S 30th St, Phoenix, AZ 85042, with a Class A office/broadcast building and additional shell space; 36,338 SF Class A office/broadcast building built in 2001 by Chanen Construction; Vacant ±5,000 SF shell building on the property for flexible redevelopment use
More about this property
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