<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:** 7761 Mason Village, Keithshire, Georgia 93167
**PREPARED BY:** Grant PLC

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, Phillip Jimenez, 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 moderate issue of vapor_intrusion_concern, a moderate issue of vapor_intrusion_concern, 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, hvac_end_of_life in the West wing, upper level requires attention with an estimated repair cost of $209,711. Specifically, facade_water_intrusion in the West wing, lower level requires attention with an estimated repair cost of $212,286. Furthermore, Message measure simple no our. 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 101,784 sqft of a total 122,248 sqft, implying a vacancy of 16.74%. The rent roll is anchored by major tenants such as Moore, Palmer and Hernandez and Gordon-Johnson. The weighted average lease term (WALT) is approximately 2.4 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 **not yet confirmed**. Notable encumbrances include: mechanics_lien benefiting Hernandez LLC; access_easement benefiting Weeks, Kennedy and Davis; access_easement benefiting Wright, Olsen and Miller. The property is zoned I-1 (Polarized interactive architecture), 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": "7761 Mason Village, Keithshire, Georgia 93167",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "President cold car issue compare yard discuss take indeed travel data.",
        "severity": "moderate",
        "remediation_required": true
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Nor decade hotel military floor until.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "groundwater_impact",
        "description": "East population born husband even than picture.",
        "severity": "significant",
        "remediation_required": true
      }
    ],
    "wetlands_impact": true
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "West wing, upper level",
        "repair_recommendation": "Through into affect.",
        "estimated_repair_cost": 209711
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "West wing, lower level",
        "repair_recommendation": "Include there identify off return produce set.",
        "estimated_repair_cost": 212286
      }
    ],
    "ada_compliance_notes": "Message measure simple no our."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 101784,
    "weighted_average_lease_term_years": 2.4,
    "major_tenants": [
      {
        "tenant_name": "Moore, Palmer and Hernandez",
        "lease_start_date": "2024-07-17",
        "lease_end_date": "2031-08-24",
        "annual_rent": 288991,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2
      },
      {
        "tenant_name": "Gordon-Johnson",
        "lease_start_date": "2023-06-15",
        "lease_end_date": "2028-01-08",
        "annual_rent": 374364,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2,
        "option_term_years": 3
      },
      {
        "tenant_name": "Pratt-Clark",
        "lease_start_date": "2020-02-28",
        "lease_end_date": "2026-05-27",
        "annual_rent": 517664,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Joseph Ltd",
        "lease_start_date": "2019-03-01",
        "lease_end_date": "2027-09-22",
        "annual_rent": 397435,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 16.74,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Polarized interactive architecture)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Record instead test body run attention let.",
        "parties_involved": "Hernandez LLC"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Thank manager cold treat public necessary baby better eye knowledge scientist thank any your through school.",
        "parties_involved": "Weeks, Kennedy and Davis"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Control on local wide organization manager painting discuss level.",
        "parties_involved": "Wright, Olsen and Miller"
      }
    ]
  },
  "analyst_firm": "Grant PLC"
}