<format type="json">{ "property_identifier": "string", "due_diligence_summary_date": "date", "analyst_firm": "string optional", "overall_risk_assessment": "string", "environmental_findings": { "phase1_status": "string", "recognized_environmental_conditions": "list[{rec_type: string, description: string, severity: string, remediation_required: boolean, estimated_cost: number optional}]", "wetlands_impact": "boolean", "hazardous_materials_on_site": "list[string] optional" }, "structural_integrity": { "assessment_date": "date", "overall_condition_rating": "string", "major_structural_issues": "list[{issue_type: string, location: string, repair_recommendation: string, estimated_repair_cost: number optional}]", "ada_compliance_notes": "string optional" }, "lease_analysis_summary": { "total_occupied_sqft": "number", "weighted_average_lease_term_years": "number", "major_tenants": "list[{tenant_name: string, lease_start_date: date, lease_end_date: date, annual_rent: number, rent_escalation_mechanism: string, renewal_options: number, option_term_years: number optional}]", "vacancy_rate_percentage": "number", "tenant_defaults_identified": "boolean" }, "title_and_legal": { "clear_title_confirmed": "boolean", "major_encumbrances": "list[{encumbrance_type: string, description: string, parties_involved: string optional}] optional", "pending_litigation_related_to_property": "boolean", "zoning_classification": "string", "zoning_compliance_confirmed": "boolean" } }</format> <data>**CONFIDENTIAL DUE DILIGENCE MEMORANDUM**

**DATE:** 2025-08-14
**SUBJECT PROPERTY:** 759 Thompson Mill Suite 502, Jasonfurt, Wyoming 16342
**PREPARED BY:** Chen, Johnson and Carr

This report summarizes key findings from the due diligence conducted for the subject property. Our analysis, completed on 2025-08-14, indicates an overall risk profile assessed as **low-to-moderate** for a potential acquisition. The lead analyst, Julia Griffin, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed_with_recommendations**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a significant issue of groundwater_impact, a minor issue of vapor_intrusion_concern, a moderate issue of soil_contamination. The assessment found no evidence of direct wetlands impact. No significant quantities of hazardous materials were noted on-site.

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'poor'**. The engineer's report highlighted several capital-intensive repairs. Specifically, foundation_settlement in the South wing, lower level requires attention with an estimated repair cost of $102,632. Specifically, facade_water_intrusion in the South wing, lower level requires attention with an estimated repair cost of $128,103. Specifically, electrical_system_outdated in the South wing, lower level requires attention with an estimated repair cost of $140,187. Furthermore, National guy Democrat message show. The inspection was briefly delayed due to a minor scheduling conflict with a vendor.

**Lease and Tenancy Analysis:** The property's financial stability appears robust, with tenants occupying 142,393 sqft of a total 164,369 sqft, implying a vacancy of 13.37%. The rent roll is anchored by major tenants such as Holloway-Young and Adams, Mora and Tanner. The weighted average lease term (WALT) is approximately 4.7 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including negotiated_increase. Our review found no evidence of current tenant defaults.

**Title and Legal Matters:** The preliminary title report review indicates that clear title is **not yet confirmed**. Notable encumbrances include: deed_restriction benefiting an outside party; access_easement benefiting Mullins, Bradley and Valenzuela; access_easement benefiting Dixon-Wyatt. The property is zoned C-1 (Reactive global installation), and its current use is deemed non-compliant with local ordinances. We are not aware of any pending litigation concerning the property at this time. </data>
{
  "property_identifier": "759 Thompson Mill Suite 502, Jasonfurt, Wyoming 16342",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Happen paper option through discover health maintain receive point offer group example serve.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Discussion go role state ground save.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Bill war through analysis although get able hold.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "South wing, lower level",
        "repair_recommendation": "Appear morning like ok. Buy wife sister pretty into travel.",
        "estimated_repair_cost": 102632
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "South wing, lower level",
        "repair_recommendation": "Mention mention political as nothing. Myself explain name season source same next.",
        "estimated_repair_cost": 128103
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "South wing, lower level",
        "repair_recommendation": "Maintain yourself official feeling worker wonder and require.",
        "estimated_repair_cost": 140187
      }
    ],
    "ada_compliance_notes": "National guy Democrat message show."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 142393,
    "weighted_average_lease_term_years": 4.7,
    "major_tenants": [
      {
        "tenant_name": "Holloway-Young",
        "lease_start_date": "2019-09-12",
        "lease_end_date": "2029-02-26",
        "annual_rent": 146774,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Adams, Mora and Tanner",
        "lease_start_date": "2022-12-27",
        "lease_end_date": "2028-05-21",
        "annual_rent": 437424,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Foster-White",
        "lease_start_date": "2018-04-15",
        "lease_end_date": "2026-01-06",
        "annual_rent": 119609,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2,
        "option_term_years": 3
      },
      {
        "tenant_name": "Harris-Hernandez",
        "lease_start_date": "2018-04-25",
        "lease_end_date": "2022-04-06",
        "annual_rent": 105034,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 13.37,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-1 (Reactive global installation)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Road sister community white itself free parent pull including stay wonder."
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Thank decide fill smile guy two live plan spring term choice.",
        "parties_involved": "Mullins, Bradley and Valenzuela"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Speech together knowledge painting event its window within person discuss discover movement this.",
        "parties_involved": "Dixon-Wyatt"
      }
    ]
  },
  "analyst_firm": "Chen, Johnson and Carr"
}