James Lin Of Unis LLC Leases 756,340 Square Feet At 16850 Heacock Street In Moreno Valley
16850 Heacock Street
Building Size
756,340 SF
Asset Type
Industrial
Closing
Apr 16, 2026
AI
The industrial asset at 16850 Heacock Street in Moreno Valley features a significant leased area of 756,340 square feet. This property is part of the Inland Empire market, which is currently experiencing a shift with rising vacancy rates and declining rents. The lease represents a notable transaction in this region for the first quarter of 2026.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 16850 Heacock Street
- Market: Moreno Valley
- Asset Size: 756,340 square feet
- Tenant: James Lin - Unis LLC
James Lin represents Unis LLC in this lease agreement, which is one of the largest transactions in the Inland Empire for Q1 2026. This deal highlights the ongoing demand for logistics space in the area, allowing Unis LLC to expand its operations in a market it was founded in.
Players
Moreno Valley Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93