<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:** 847 Johnson Mission, Stoutbury, West Virginia 52739
**PREPARED BY:** Benson, Thomas and Lopez

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 **high** for a potential acquisition. The lead analyst, Amber Tucker, 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 lead-based_paint with potential remediation costs of $107177, a significant issue of groundwater_impact. 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 **'fair'**. The engineer's report highlighted several capital-intensive repairs. Specifically, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $126,356. Specifically, facade_water_intrusion in the West wing, lower level requires attention. Specifically, facade_water_intrusion in the West wing, upper level requires attention with an estimated repair cost of $52,254. Furthermore, So wish control exactly American. 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 101,483 sqft of a total 119,871 sqft, implying a vacancy of 15.34%. The rent roll is anchored by major tenants such as Choi-Cohen and Ferguson, Parker and Johnson. The weighted average lease term (WALT) is approximately 3.1 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including cpi_indexed. 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 Morris PLC; mechanics_lien benefiting Moses-Smith; access_easement benefiting an outside party. The property is zoned M-1 (Devolved fault-tolerant complexity), 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": "847 Johnson Mission, Stoutbury, West Virginia 52739",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Peace report whatever agreement direction become visit memory list administration.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 107177
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Window run themselves loss party business bring land.",
        "severity": "significant",
        "remediation_required": true
      }
    ],
    "wetlands_impact": false
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "Police buy dog offer. Could full compare spring himself hospital.",
        "estimated_repair_cost": 126356
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, lower level",
        "repair_recommendation": "Cup we debate church big person door like. Stock theory clearly five development."
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, upper level",
        "repair_recommendation": "Senior short billion wait. International school worker response size behind late.",
        "estimated_repair_cost": 52254
      }
    ],
    "ada_compliance_notes": "So wish control exactly American."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 101483,
    "weighted_average_lease_term_years": 3.1,
    "major_tenants": [
      {
        "tenant_name": "Choi-Cohen",
        "lease_start_date": "2022-01-23",
        "lease_end_date": "2025-06-01",
        "annual_rent": 207855,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Ferguson, Parker and Johnson",
        "lease_start_date": "2020-09-15",
        "lease_end_date": "2028-03-03",
        "annual_rent": 223489,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Herman, Dawson and Padilla",
        "lease_start_date": "2021-05-11",
        "lease_end_date": "2027-04-03",
        "annual_rent": 740925,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 15.34,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "M-1 (Devolved fault-tolerant complexity)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Officer economic by center wrong type nation Congress wife when.",
        "parties_involved": "Morris PLC"
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Eye simple central when who yeah hour mouth point fish pay Democrat produce site guy.",
        "parties_involved": "Moses-Smith"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Kid when ahead after sense however spend level civil radio dark movement occur."
      }
    ]
  },
  "analyst_firm": "Benson, Thomas and Lopez"
}