53 Ten_Property for Sale
53 Ten_Property for Sale

53 Ten

5310 West Camelback Road, Glendale, AZ, 85301, US

Description

Jones Lang LaSalle, Inc. (“JLL”), as the exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 53 Ten (“the Property”), a 157,523 SF industrial manufacturing facility in Phoenix’s infill Grand Avenue industrial submarket. The Property features a timeless, functional design with 3 dock-high and 5 grade-level doors, 160’ truck court, and heavy power (10,825 amps across four SES units).


The asset is 100% leased to Corning Optical Communications through February 2029, with the tenant maintaining a 45-year presence at the site and investing heavily in customized improvements. The facility operates 24/7 with over 360 employees. Strategically located in the Grand Avenue infill industrial submarket, 53 Ten offers excellent connectivity across the Phoenix metro and regionally via US-60 and I-10, with convenient access to Loop 101, I-17, and Sky Harbor International Airport.

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Attributes

Building area net
14,634 sm
Occupancy
100%
Tenant
Corning Optical Communications
Annual increases
4.0%
Remaining lease term
3.3 years
Mark-to-market
15.0%
Power
10,825A, 480V

Media

Investment highlights

  1. Timeless Industrial Manufacturing Facility Totaling 157,523 SF With 10,825 Amps Of Power
  2. 100% Leased To Corning Optical Communications With 4.0% Annual Increases and 3.3 Years of Term Remaining
  3. Situated In Metro Phoenix’s Infill Grand Avenue Industrial Corridor
53 Ten 4_Property for Sale
53 Ten 4_Property for Sale

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53 Ten (0 Properties)

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Last updated
Sep 8, 2025