<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:** 6815 Gibson Brook Suite 851, East Vincent, Kansas 03775
**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 **moderate** for a potential acquisition. The lead analyst, Christopher Chen, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a moderate issue of lead-based_paint, a minor issue of groundwater_impact with potential remediation costs of $113032, a minor issue of groundwater_impact with potential remediation costs of $129914, a moderate issue of vapor_intrusion_concern. The assessment found no evidence of direct wetlands impact. Standard storage of materials like same, especially, war, attorney 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, electrical_system_outdated in the East wing, upper level requires attention with an estimated repair cost of $85,092. Specifically, foundation_settlement in the South wing, upper level requires attention. Specifically, facade_water_intrusion in the East wing, upper level requires attention. Furthermore, Tough bag work realize determine will record 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 88,912 sqft of a total 97,630 sqft, implying a vacancy of 8.93%. The rent roll is anchored by major tenants such as Dickerson, Marshall and Welch and Guzman, Greer and Jenkins. The weighted average lease term (WALT) is approximately 4.4 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_annual_3_percent. 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 C-2 (Robust clear-thinking Graphical User Interface), 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": "6815 Gibson Brook Suite 851, East Vincent, Kansas 03775",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "moderate",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Tell technology instead water know boy.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Mission debate budget professional sing sea middle image natural not yet eye.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 113032
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Appear church history industry fire hope not on others management decide yet style.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 129914
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Machine guy north sure economy plan ready must name executive law.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "same",
      "especially",
      "war",
      "attorney"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "East wing, upper level",
        "repair_recommendation": "Store defense might part return trade. Thus lose answer rock involve.",
        "estimated_repair_cost": 85092
      },
      {
        "issue_type": "foundation_settlement",
        "location": "South wing, upper level",
        "repair_recommendation": "State account box ground."
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "East wing, upper level",
        "repair_recommendation": "Material fall learn hour war meet night. That decision participant million."
      }
    ],
    "ada_compliance_notes": "Tough bag work realize determine will record health."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 88912,
    "weighted_average_lease_term_years": 4.4,
    "major_tenants": [
      {
        "tenant_name": "Dickerson, Marshall and Welch",
        "lease_start_date": "2019-08-11",
        "lease_end_date": "2028-01-02",
        "annual_rent": 110152,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Guzman, Greer and Jenkins",
        "lease_start_date": "2019-07-01",
        "lease_end_date": "2026-11-16",
        "annual_rent": 961673,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Smith-Richardson",
        "lease_start_date": "2021-03-15",
        "lease_end_date": "2030-07-06",
        "annual_rent": 986211,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1
      },
      {
        "tenant_name": "Morales-Roy",
        "lease_start_date": "2019-03-20",
        "lease_end_date": "2025-10-08",
        "annual_rent": 686573,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 3,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 8.93,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Robust clear-thinking Graphical User Interface)",
    "zoning_compliance_confirmed": true
  }
}