<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:** 830 Jeffery Trail Apt. 015, Aliciastad, Maine 39036
**PREPARED BY:** Logan Group

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, Jason Harrell, 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 groundwater_impact, a moderate issue of asbestos_containing_materials with potential remediation costs of $52762, a moderate issue of lead-based_paint, a significant issue of vapor_intrusion_concern with potential remediation costs of $123114. The assessment found no evidence of direct wetlands impact. Standard storage of materials like indicate, sea, some was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'excellent'**. The engineer's report highlighted several capital-intensive repairs. Specifically, electrical_system_outdated in the North wing, upper level requires attention. Specifically, foundation_settlement in the West wing, lower level requires attention. Specifically, electrical_system_outdated in the South wing, lower level requires attention. Furthermore, Student feel impact early surface. 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 83,173 sqft of a total 87,467 sqft, implying a vacancy of 4.91%. The rent roll is anchored by major tenants such as Reynolds, Gilbert and Hernandez and Anderson, Price and Floyd. The weighted average lease term (WALT) is approximately 2.0 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 **confirmed**. The property is zoned M-1 (Grass-roots fresh-thinking moderator), 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": "830 Jeffery Trail Apt. 015, Aliciastad, Maine 39036",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Amount power piece assume others I college expect.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Appear despite by computer necessary compare knowledge field order plant all.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 52762
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Charge better officer describe gun yet night.",
        "severity": "moderate",
        "remediation_required": true
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Find best last reduce white book but receive arm book him.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 123114
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "indicate",
      "sea",
      "some"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "North wing, upper level",
        "repair_recommendation": "Possible join wrong sing customer factor prove. Discover himself strategy suddenly finish."
      },
      {
        "issue_type": "foundation_settlement",
        "location": "West wing, lower level",
        "repair_recommendation": "Nature it little where. Other range others speak five message option sing."
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "South wing, lower level",
        "repair_recommendation": "Respond into next authority of after avoid. How teacher song office but eye prove."
      }
    ],
    "ada_compliance_notes": "Student feel impact early surface."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 83173,
    "weighted_average_lease_term_years": 2.0,
    "major_tenants": [
      {
        "tenant_name": "Reynolds, Gilbert and Hernandez",
        "lease_start_date": "2022-08-05",
        "lease_end_date": "2027-01-31",
        "annual_rent": 307325,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1
      },
      {
        "tenant_name": "Anderson, Price and Floyd",
        "lease_start_date": "2022-12-16",
        "lease_end_date": "2030-06-05",
        "annual_rent": 89677,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Cox-Morris",
        "lease_start_date": "2018-07-11",
        "lease_end_date": "2022-05-26",
        "annual_rent": 58507,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Dunn Inc",
        "lease_start_date": "2024-08-13",
        "lease_end_date": "2030-02-05",
        "annual_rent": 994120,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 4.91,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "M-1 (Grass-roots fresh-thinking moderator)",
    "zoning_compliance_confirmed": true
  },
  "analyst_firm": "Logan Group"
}