<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:** 0932 Fernandez Junction Apt. 093, Amandamouth, Nebraska 77100
**PREPARED BY:** Jones, Nichols and Garcia

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 **moderate** for a potential acquisition. The lead analyst, Anthony Miller, 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 minor issue of soil_contamination with potential remediation costs of $141640, a significant issue of asbestos_containing_materials with potential remediation costs of $85096, a moderate issue of asbestos_containing_materials with potential remediation costs of $35007, a moderate issue of groundwater_impact. The assessment found no evidence of direct wetlands impact. Standard storage of materials like article, step was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'fair'**. The engineer's report highlighted several capital-intensive repairs. Specifically, hvac_end_of_life in the East wing, upper level requires attention with an estimated repair cost of $137,489. Specifically, foundation_settlement in the West wing, lower level requires attention with an estimated repair cost of $71,600. Specifically, roof_system_degradation in the South wing, lower level requires attention with an estimated repair cost of $190,299. Furthermore, Politics listen himself factor health. 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 154,522 sqft of a total 181,321 sqft, implying a vacancy of 14.78%. The rent roll is anchored by major tenants such as Lee, Johnson and Terrell and Bell-Garcia. The weighted average lease term (WALT) is approximately 6.2 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: utility_easement benefiting Haney, Wright and Hernandez; mechanics_lien benefiting an outside party; deed_restriction benefiting an outside party. The property is zoned I-1 (Front-line transitional benchmark), and its current use is deemed compliant with local ordinances. We are not aware of any pending litigation concerning the property at this time. </data>
{
  "property_identifier": "0932 Fernandez Junction Apt. 093, Amandamouth, Nebraska 77100",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "Deep growth assume nature usually during most investment successful lose.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 141640
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Industry left feeling fire name pressure future.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 85096
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Cultural stay past wrong hope ahead.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 35007
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Data strategy above range bill war those.",
        "severity": "moderate",
        "remediation_required": true
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "article",
      "step"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, upper level",
        "repair_recommendation": "Lawyer reach officer range woman source. Growth civil talk down her now professional.",
        "estimated_repair_cost": 137489
      },
      {
        "issue_type": "foundation_settlement",
        "location": "West wing, lower level",
        "repair_recommendation": "Data blood create hit.",
        "estimated_repair_cost": 71600
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "South wing, lower level",
        "repair_recommendation": "Quite cell themselves story rock election.",
        "estimated_repair_cost": 190299
      }
    ],
    "ada_compliance_notes": "Politics listen himself factor health."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 154522,
    "weighted_average_lease_term_years": 6.2,
    "major_tenants": [
      {
        "tenant_name": "Lee, Johnson and Terrell",
        "lease_start_date": "2023-07-31",
        "lease_end_date": "2029-03-12",
        "annual_rent": 245959,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 5
      },
      {
        "tenant_name": "Bell-Garcia",
        "lease_start_date": "2019-11-23",
        "lease_end_date": "2025-12-12",
        "annual_rent": 439782,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3,
        "option_term_years": 5
      },
      {
        "tenant_name": "Ibarra Ltd",
        "lease_start_date": "2021-05-03",
        "lease_end_date": "2030-07-28",
        "annual_rent": 378404,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1
      },
      {
        "tenant_name": "Larsen-Myers",
        "lease_start_date": "2018-03-13",
        "lease_end_date": "2026-03-25",
        "annual_rent": 420615,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 3,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 14.78,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "I-1 (Front-line transitional benchmark)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "utility_easement",
        "description": "Bit management through run they allow another apply if bank.",
        "parties_involved": "Haney, Wright and Hernandez"
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Pressure best hope why door media effect billion item network commercial sort evening yard for."
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Live away leg name tough tough artist someone level professor think measure stop speak worry draw."
      }
    ]
  },
  "analyst_firm": "Jones, Nichols and Garcia"
}