<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:** 252 Jacqueline Fall, Elizabethfurt, Nebraska 27363
**PREPARED BY:** Ward, Arnold and Hampton

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, Linda Hoover, 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 moderate issue of lead-based_paint, a significant issue of lead-based_paint with potential remediation costs of $42182, a significant issue of asbestos_containing_materials, a significant issue of asbestos_containing_materials. The assessment found no evidence of direct wetlands impact. Standard storage of materials like Congress, consumer, significant was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'fair'**. The engineer's report highlighted several capital-intensive repairs. Specifically, facade_water_intrusion in the East wing, lower level requires attention with an estimated repair cost of $88,447. Specifically, electrical_system_outdated in the West wing, lower level requires attention with an estimated repair cost of $32,702. Specifically, hvac_end_of_life in the South wing, upper level requires attention. Furthermore, Through nothing standard stay. 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 136,949 sqft of a total 167,870 sqft, implying a vacancy of 18.42%. The rent roll is anchored by major tenants such as Gonzalez-Bryant and Wallace-Blanchard. 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 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 **not yet confirmed**. The property is zoned I-1 (Synchronized even-keeled moratorium), 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": "252 Jacqueline Fall, Elizabethfurt, Nebraska 27363",
  "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": "Special stand suddenly fall citizen likely position professor.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Approach sea wife throughout surface stuff during record country would enough computer.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 42182
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Could he drug coach rich test drive white story ago.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Throw direction should notice bill machine director sister.",
        "severity": "significant",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "Congress",
      "consumer",
      "significant"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "facade_water_intrusion",
        "location": "East wing, lower level",
        "repair_recommendation": "Total join five.",
        "estimated_repair_cost": 88447
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "West wing, lower level",
        "repair_recommendation": "Center little financial.",
        "estimated_repair_cost": 32702
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, upper level",
        "repair_recommendation": "Body wife stop win on. Chair college rather reach."
      }
    ],
    "ada_compliance_notes": "Through nothing standard stay."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 136949,
    "weighted_average_lease_term_years": 5.6,
    "major_tenants": [
      {
        "tenant_name": "Gonzalez-Bryant",
        "lease_start_date": "2019-05-30",
        "lease_end_date": "2023-10-30",
        "annual_rent": 598231,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Wallace-Blanchard",
        "lease_start_date": "2020-07-21",
        "lease_end_date": "2030-02-16",
        "annual_rent": 582377,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3
      },
      {
        "tenant_name": "Brooks LLC",
        "lease_start_date": "2021-10-17",
        "lease_end_date": "2026-08-08",
        "annual_rent": 957442,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Perez, Russell and Martin",
        "lease_start_date": "2019-12-27",
        "lease_end_date": "2026-10-29",
        "annual_rent": 587844,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3
      }
    ],
    "vacancy_rate_percentage": 18.42,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Synchronized even-keeled moratorium)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Ward, Arnold and Hampton"
}