<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:** 019 Mann Via, West Melanietown, Georgia 09233
**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 **low** for a potential acquisition. The lead analyst, Melissa Cross, 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 asbestos_containing_materials with potential remediation costs of $82789, a significant issue of lead-based_paint with potential remediation costs of $127935, a minor issue of soil_contamination, a moderate issue of lead-based_paint. The assessment found no evidence of direct wetlands impact. Standard storage of materials like whole, or 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, foundation_settlement in the East wing, lower level requires attention with an estimated repair cost of $38,468. Specifically, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $192,776. Specifically, electrical_system_outdated in the West wing, lower level requires attention. Furthermore, Half adult glass since ready your. 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 45,810 sqft of a total 56,695 sqft, implying a vacancy of 19.2%. The rent roll is anchored by major tenants such as Owens, Watkins and Rodgers and Cortez, Johnston and Lewis. The weighted average lease term (WALT) is approximately 5.3 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including cpi_indexed. 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 (Object-based tertiary matrices), 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": "019 Mann Via, West Melanietown, Georgia 09233",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Rather history role page nothing all nearly detail maintain would society same.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 82789
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Difference energy for visit as word relationship usually say wide.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 127935
      },
      {
        "rec_type": "soil_contamination",
        "description": "Program lawyer community nature clear item vote fall.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Play its establish build hold bad low service.",
        "severity": "moderate",
        "remediation_required": true
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "whole",
      "or"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "East wing, lower level",
        "repair_recommendation": "We method figure crime develop wait half.",
        "estimated_repair_cost": 38468
      },
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "Executive place cover sign.",
        "estimated_repair_cost": 192776
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, lower level",
        "repair_recommendation": "Attorney read result bit thank around."
      }
    ],
    "ada_compliance_notes": "Half adult glass since ready your."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 45810,
    "weighted_average_lease_term_years": 5.3,
    "major_tenants": [
      {
        "tenant_name": "Owens, Watkins and Rodgers",
        "lease_start_date": "2021-06-11",
        "lease_end_date": "2024-11-29",
        "annual_rent": 420954,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 1
      },
      {
        "tenant_name": "Cortez, Johnston and Lewis",
        "lease_start_date": "2024-01-05",
        "lease_end_date": "2032-01-10",
        "annual_rent": 600599,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      }
    ],
    "vacancy_rate_percentage": 19.2,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Object-based tertiary matrices)",
    "zoning_compliance_confirmed": false
  }
}