<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:** 5790 Wilkins Camp, Lake Matthewside, Florida 20631
**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, Carrie Johnson, 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 minor issue of asbestos_containing_materials, a minor issue of vapor_intrusion_concern with potential remediation costs of $31376, a minor issue of groundwater_impact with potential remediation costs of $40660. 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 **'poor'**. The engineer's report highlighted several capital-intensive repairs. Specifically, hvac_end_of_life in the South wing, upper level requires attention with an estimated repair cost of $70,779. Specifically, roof_system_degradation in the West wing, upper level requires attention with an estimated repair cost of $36,511. Specifically, hvac_end_of_life in the East wing, lower level requires attention with an estimated repair cost of $86,417. Furthermore, Open evidence than him specific firm. 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 105,016 sqft of a total 126,236 sqft, implying a vacancy of 16.81%. The rent roll is anchored by major tenants such as Woods, Murphy and Steele and Sanders, Dominguez and Curtis. The weighted average lease term (WALT) is approximately 5.6 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 **confirmed**. The property is zoned C-1 (Phased context-sensitive orchestration), 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": "5790 Wilkins Camp, Lake Matthewside, Florida 20631",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Fill job tonight Republican open allow medical reveal woman painting population tend mind.",
        "severity": "minor",
        "remediation_required": true
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "For none see audience will director.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 31376
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Nice story last apply smile up stop production chance.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 40660
      }
    ],
    "wetlands_impact": false
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, upper level",
        "repair_recommendation": "International how really place significant full. Weight although part.",
        "estimated_repair_cost": 70779
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, upper level",
        "repair_recommendation": "Process court claim heart. Resource example blue yet suddenly away letter information.",
        "estimated_repair_cost": 36511
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Least business meet long year research. Huge might management work message level.",
        "estimated_repair_cost": 86417
      }
    ],
    "ada_compliance_notes": "Open evidence than him specific firm."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 105016,
    "weighted_average_lease_term_years": 5.6,
    "major_tenants": [
      {
        "tenant_name": "Woods, Murphy and Steele",
        "lease_start_date": "2023-12-07",
        "lease_end_date": "2028-03-08",
        "annual_rent": 513130,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 3
      },
      {
        "tenant_name": "Sanders, Dominguez and Curtis",
        "lease_start_date": "2023-12-04",
        "lease_end_date": "2030-06-26",
        "annual_rent": 748491,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Turner-Krause",
        "lease_start_date": "2023-01-23",
        "lease_end_date": "2031-07-29",
        "annual_rent": 378310,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3,
        "option_term_years": 5
      },
      {
        "tenant_name": "Johnson-Olson",
        "lease_start_date": "2021-08-16",
        "lease_end_date": "2029-12-06",
        "annual_rent": 846082,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3
      },
      {
        "tenant_name": "Russell Group",
        "lease_start_date": "2019-01-24",
        "lease_end_date": "2027-09-03",
        "annual_rent": 965715,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 16.81,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-1 (Phased context-sensitive orchestration)",
    "zoning_compliance_confirmed": false
  }
}