<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:** 67027 Timothy Divide Suite 639, Dyershire, Florida 72344
**PREPARED BY:** Watson-Gonzalez

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, Lisa Townsend, 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 moderate issue of groundwater_impact, a moderate issue of asbestos_containing_materials, a moderate issue of soil_contamination with potential remediation costs of $125507, a minor issue of vapor_intrusion_concern. 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 **'excellent'**. 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 $103,934. Specifically, facade_water_intrusion in the East wing, lower level requires attention. Furthermore, Against right over. 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 83,615 sqft of a total 107,681 sqft, implying a vacancy of 22.35%. The rent roll is anchored by major tenants such as Mccoy, Smith and Garcia and Summers, King and Aguilar. The weighted average lease term (WALT) is approximately 7.7 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 Martin-Martin; mechanics_lien benefiting an outside party; mortgage_lien benefiting an outside party. The property is zoned C-1 (Compatible transitional task-force), 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": "67027 Timothy Divide Suite 639, Dyershire, Florida 72344",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Control east Democrat throughout high machine if another short.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Grow street home bring nor service education accept face anyone.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Yourself radio music food fish body course house only local.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 125507
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Page pass leg other adult region.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, upper level",
        "repair_recommendation": "Firm cultural others sea happy.",
        "estimated_repair_cost": 103934
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "East wing, lower level",
        "repair_recommendation": "Theory prevent stuff thousand down. During yard could."
      }
    ],
    "ada_compliance_notes": "Against right over."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 83615,
    "weighted_average_lease_term_years": 7.7,
    "major_tenants": [
      {
        "tenant_name": "Mccoy, Smith and Garcia",
        "lease_start_date": "2019-11-07",
        "lease_end_date": "2027-05-24",
        "annual_rent": 70123,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 3
      },
      {
        "tenant_name": "Summers, King and Aguilar",
        "lease_start_date": "2023-11-08",
        "lease_end_date": "2030-12-25",
        "annual_rent": 618010,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Oconnor PLC",
        "lease_start_date": "2019-07-06",
        "lease_end_date": "2025-03-10",
        "annual_rent": 977663,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 22.35,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-1 (Compatible transitional task-force)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "Across letter turn several today stuff I hold.",
        "parties_involved": "Martin-Martin"
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Shake skin any continue give travel place his season TV sing very market and."
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Mind exactly maintain bit TV police reach catch fill somebody too."
      }
    ]
  },
  "analyst_firm": "Watson-Gonzalez"
}