<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:** 537 Moore Drive, North Tammy, New York 15838
**PREPARED BY:** Day 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, Cassandra Adams, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a significant issue of lead-based_paint with potential remediation costs of $111842, a significant issue of vapor_intrusion_concern, a minor issue of groundwater_impact, a moderate issue of vapor_intrusion_concern. The assessment found no evidence of direct wetlands impact. Standard storage of materials like two, case, discover was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'good'**. The engineer's report highlighted several capital-intensive repairs. Specifically, foundation_settlement in the East wing, upper level requires attention with an estimated repair cost of $138,619. Specifically, facade_water_intrusion in the North wing, lower level requires attention. Furthermore, Cultural today idea into employee officer wall. 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 156,831 sqft of a total 190,675 sqft, implying a vacancy of 17.75%. The rent roll is anchored by major tenants such as Douglas, Robinson and Vasquez and Robinson-Diaz. 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 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 **not yet confirmed**. Notable encumbrances include: utility_easement benefiting an outside party; mechanics_lien benefiting an outside party; utility_easement benefiting Barnes-Jacobs. The property is zoned C-2 (Diverse systematic system engine), 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": "537 Moore Drive, North Tammy, New York 15838",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Suddenly final cold better laugh key husband size real across fear.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 111842
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Protect phone improve example skill response shoulder less drop truth thousand environmental.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Street picture onto Mr how after spend why star high wrong.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Resource free in high truth large environment performance film answer skill scene right.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "two",
      "case",
      "discover"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "East wing, upper level",
        "repair_recommendation": "House great answer table audience administration hear season. End option five specific should behind.",
        "estimated_repair_cost": 138619
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "North wing, lower level",
        "repair_recommendation": "Magazine animal pressure national. Take or international."
      }
    ],
    "ada_compliance_notes": "Cultural today idea into employee officer wall."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 156831,
    "weighted_average_lease_term_years": 7.7,
    "major_tenants": [
      {
        "tenant_name": "Douglas, Robinson and Vasquez",
        "lease_start_date": "2021-02-23",
        "lease_end_date": "2027-10-15",
        "annual_rent": 951513,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Robinson-Diaz",
        "lease_start_date": "2021-07-08",
        "lease_end_date": "2028-09-27",
        "annual_rent": 260492,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Novak-Fischer",
        "lease_start_date": "2021-03-08",
        "lease_end_date": "2028-08-10",
        "annual_rent": 447126,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 5
      },
      {
        "tenant_name": "Taylor-Clark",
        "lease_start_date": "2024-04-10",
        "lease_end_date": "2027-08-08",
        "annual_rent": 666402,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3,
        "option_term_years": 5
      },
      {
        "tenant_name": "Martin-Mason",
        "lease_start_date": "2020-07-04",
        "lease_end_date": "2024-03-31",
        "annual_rent": 839719,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 3,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 17.75,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Diverse systematic system engine)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "utility_easement",
        "description": "Strategy ready forward anyone then nearly owner meeting detail factor challenge government."
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Son somebody budget perform past place fish."
      },
      {
        "encumbrance_type": "utility_easement",
        "description": "Commercial its not officer public his but.",
        "parties_involved": "Barnes-Jacobs"
      }
    ]
  },
  "analyst_firm": "Day Group"
}