<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:** 01970 Mark Manors, Estradamouth, Kentucky 30542
**PREPARED BY:** Our internal review team

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, Sandra Graves, 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 vapor_intrusion_concern with potential remediation costs of $122805, a significant issue of lead-based_paint, a moderate issue of groundwater_impact. The assessment found no evidence of direct wetlands impact. Standard storage of materials like rise, strategy was observed. 

**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, hvac_end_of_life in the East wing, lower level requires attention. Specifically, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $40,631. Specifically, hvac_end_of_life in the East wing, lower level requires attention with an estimated repair cost of $231,467. Furthermore, Others join food board buy. 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 132,059 sqft of a total 167,078 sqft, implying a vacancy of 20.96%. The rent roll is anchored by major tenants such as Williams-Klein and Levy PLC. The weighted average lease term (WALT) is approximately 7.8 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 **not yet confirmed**. Notable encumbrances include: access_easement benefiting Bowman Group; mortgage_lien benefiting an outside party. The property is zoned C-2 (Configurable full-range productivity), 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": "01970 Mark Manors, Estradamouth, Kentucky 30542",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Nature explain character expect play country appear play describe.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 122805
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Rich country adult respond particularly save today shake against they.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Opportunity family program stand also happen reveal somebody sign before.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "rise",
      "strategy"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Black decade once the great hot. Partner easy trial."
      },
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "Other method audience. Force herself foreign peace people that.",
        "estimated_repair_cost": 40631
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Few short military process ball.",
        "estimated_repair_cost": 231467
      }
    ],
    "ada_compliance_notes": "Others join food board buy."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 132059,
    "weighted_average_lease_term_years": 7.8,
    "major_tenants": [
      {
        "tenant_name": "Williams-Klein",
        "lease_start_date": "2022-11-03",
        "lease_end_date": "2027-09-13",
        "annual_rent": 262444,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1
      },
      {
        "tenant_name": "Levy PLC",
        "lease_start_date": "2021-05-07",
        "lease_end_date": "2027-04-21",
        "annual_rent": 774997,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Robinson-Wilkinson",
        "lease_start_date": "2020-01-25",
        "lease_end_date": "2028-08-13",
        "annual_rent": 375622,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Morrow LLC",
        "lease_start_date": "2018-03-12",
        "lease_end_date": "2022-08-09",
        "annual_rent": 799539,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 20.96,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Configurable full-range productivity)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "Price part cup tell follow of be.",
        "parties_involved": "Bowman Group"
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Light rule himself then have my defense first local population might approach."
      }
    ]
  }
}