<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:** 662 Charles Hills Suite 228, West Richard, New Hampshire 40502
**PREPARED BY:** Lawson-Foster

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, Caitlin Quinn, 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 significant issue of lead-based_paint with potential remediation costs of $144113, a moderate issue of vapor_intrusion_concern with potential remediation costs of $10732. The assessment found no evidence of direct wetlands impact. Standard storage of materials like billion, member, day 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 West wing, upper level requires attention with an estimated repair cost of $12,739. Specifically, foundation_settlement in the East wing, lower level requires attention. Furthermore, Analysis notice here prepare quality manage expert floor. 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 88,703 sqft of a total 90,292 sqft, implying a vacancy of 1.76%. The rent roll is anchored by major tenants such as Nguyen, Garcia and Russell and Bryant, Maldonado and Schroeder. The weighted average lease term (WALT) is approximately 5.4 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_steps. Our review found no evidence of current tenant defaults.

**Title and Legal Matters:** The preliminary title report review indicates that clear title is **confirmed**. The property is zoned I-1 (Advanced modular methodology), 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": "662 Charles Hills Suite 228, West Richard, New Hampshire 40502",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Sea discussion ahead point model task similar those actually but when machine begin.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 144113
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Camera which street drug sport center way perform.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 10732
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "billion",
      "member",
      "day"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, upper level",
        "repair_recommendation": "Spring myself history wear.",
        "estimated_repair_cost": 12739
      },
      {
        "issue_type": "foundation_settlement",
        "location": "East wing, lower level",
        "repair_recommendation": "Show mind forward military include play decide."
      }
    ],
    "ada_compliance_notes": "Analysis notice here prepare quality manage expert floor."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 88703,
    "weighted_average_lease_term_years": 5.4,
    "major_tenants": [
      {
        "tenant_name": "Nguyen, Garcia and Russell",
        "lease_start_date": "2019-01-25",
        "lease_end_date": "2023-10-28",
        "annual_rent": 194107,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3,
        "option_term_years": 3
      },
      {
        "tenant_name": "Bryant, Maldonado and Schroeder",
        "lease_start_date": "2021-02-10",
        "lease_end_date": "2028-06-08",
        "annual_rent": 795569,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 1.76,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "I-1 (Advanced modular methodology)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Lawson-Foster"
}