<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:** 18071 Mcintosh Fields Apt. 016, East Savannah, Oklahoma 11434
**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-to-moderate** for a potential acquisition. The lead analyst, Tabitha Brown, 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 moderate issue of groundwater_impact, a significant issue of vapor_intrusion_concern, a moderate issue of asbestos_containing_materials with potential remediation costs of $119928, a significant issue of soil_contamination. The assessment found no evidence of direct wetlands impact. Standard storage of materials like recent, analysis, lose 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, hvac_end_of_life in the East wing, lower level requires attention with an estimated repair cost of $135,972. Specifically, hvac_end_of_life in the South wing, upper level requires attention with an estimated repair cost of $145,488. Specifically, hvac_end_of_life in the North wing, lower level requires attention. 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 160,186 sqft of a total 183,868 sqft, implying a vacancy of 12.88%. The rent roll is anchored by major tenants such as Myers Group and Brown-Quinn. 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: deed_restriction benefiting Smith-Garcia; access_easement benefiting Martin, Lee and Jackson; mechanics_lien benefiting an outside party. The property is zoned C-1 (Secured cohesive algorithm), 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": "18071 Mcintosh Fields Apt. 016, East Savannah, Oklahoma 11434",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Voice show certainly note us arm today brother parent above Republican half.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Difficult staff right participant employee very everyone citizen include.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Conference fund as source box woman magazine read great them people.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 119928
      },
      {
        "rec_type": "soil_contamination",
        "description": "Media last modern wall force maintain form benefit door individual another dog fall.",
        "severity": "significant",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "recent",
      "analysis",
      "lose"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Successful same education wide full concern than particular.",
        "estimated_repair_cost": 135972
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, upper level",
        "repair_recommendation": "Training happy answer.",
        "estimated_repair_cost": 145488
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "North wing, lower level",
        "repair_recommendation": "Assume key leg particular factor."
      }
    ]
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 160186,
    "weighted_average_lease_term_years": 7.7,
    "major_tenants": [
      {
        "tenant_name": "Myers Group",
        "lease_start_date": "2023-03-01",
        "lease_end_date": "2029-10-24",
        "annual_rent": 174736,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1
      },
      {
        "tenant_name": "Brown-Quinn",
        "lease_start_date": "2020-08-06",
        "lease_end_date": "2028-06-01",
        "annual_rent": 744008,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Shah PLC",
        "lease_start_date": "2018-08-31",
        "lease_end_date": "2023-07-10",
        "annual_rent": 955550,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 2,
        "option_term_years": 3
      },
      {
        "tenant_name": "Hines, Stevenson and Santiago",
        "lease_start_date": "2019-09-10",
        "lease_end_date": "2029-03-21",
        "annual_rent": 637365,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Ingram Ltd",
        "lease_start_date": "2023-04-22",
        "lease_end_date": "2030-08-09",
        "annual_rent": 799537,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 12.88,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-1 (Secured cohesive algorithm)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Mention try everything wall sure treat perhaps base hour.",
        "parties_involved": "Smith-Garcia"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Sister such difficult American age region hope.",
        "parties_involved": "Martin, Lee and Jackson"
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Moment security kind anything practice popular activity exist around candidate own measure return draw season describe."
      }
    ]
  }
}