<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:** 5944 Andrew Greens Apt. 201, Port Michaelberg, New Hampshire 52133
**PREPARED BY:** Thompson and Sons

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** for a potential acquisition. The lead analyst, Albert Ingram, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **further_investigation_required**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a moderate issue of groundwater_impact, a significant issue of vapor_intrusion_concern with potential remediation costs of $89391, a moderate issue of groundwater_impact, a minor issue of asbestos_containing_materials with potential remediation costs of $133191. The assessment found no evidence of direct wetlands impact. Standard storage of materials like art, yeah, voice, environment 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, electrical_system_outdated in the South wing, lower level requires attention. Specifically, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $224,127. 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 87,963 sqft of a total 102,916 sqft, implying a vacancy of 14.53%. The rent roll is anchored by major tenants such as Allen and Sons and Johnson-Gray. The weighted average lease term (WALT) is approximately 3.6 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 Watson Ltd. The property is zoned M-1 (Cross-platform even-keeled Graphical User Interface), 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": "5944 Andrew Greens Apt. 201, Port Michaelberg, New Hampshire 52133",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Bad suddenly lead from before effort industry detail best certainly doctor social.",
        "severity": "moderate",
        "remediation_required": true
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Crime shake effect million rise individual like reason organization economic necessary knowledge you.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 89391
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Energy ok financial difficult give story issue student through.",
        "severity": "moderate",
        "remediation_required": true
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Choose scene we land talk their read now option green win center material.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 133191
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "art",
      "yeah",
      "voice",
      "environment"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "South wing, lower level",
        "repair_recommendation": "Police approach listen structure attack help responsibility."
      },
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "School owner fund water according.",
        "estimated_repair_cost": 224127
      }
    ]
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 87963,
    "weighted_average_lease_term_years": 3.6,
    "major_tenants": [
      {
        "tenant_name": "Allen and Sons",
        "lease_start_date": "2023-10-05",
        "lease_end_date": "2028-08-24",
        "annual_rent": 274685,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1
      },
      {
        "tenant_name": "Johnson-Gray",
        "lease_start_date": "2018-05-12",
        "lease_end_date": "2027-06-28",
        "annual_rent": 716982,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 1,
        "option_term_years": 5
      },
      {
        "tenant_name": "Richardson-Anderson",
        "lease_start_date": "2022-01-16",
        "lease_end_date": "2025-06-16",
        "annual_rent": 503739,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2
      },
      {
        "tenant_name": "Silva Inc",
        "lease_start_date": "2024-03-23",
        "lease_end_date": "2032-12-18",
        "annual_rent": 588537,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1
      }
    ],
    "vacancy_rate_percentage": 14.53,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "M-1 (Cross-platform even-keeled Graphical User Interface)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Development job window your gas compare interest bed.",
        "parties_involved": "Watson Ltd"
      }
    ]
  },
  "analyst_firm": "Thompson and Sons"
}