<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:** 4479 Richard Loaf, Port Brittanyborough, Illinois 19759
**PREPARED BY:** Burnett 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, Diana Nelson, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **further_investigation_required**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a moderate issue of groundwater_impact, a moderate issue of lead-based_paint, a minor issue of lead-based_paint with potential remediation costs of $135771, a moderate issue of vapor_intrusion_concern. The assessment found no evidence of direct wetlands impact. Standard storage of materials like rather, station 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, hvac_end_of_life in the South wing, lower level requires attention with an estimated repair cost of $215,876. Specifically, hvac_end_of_life in the East wing, lower level requires attention with an estimated repair cost of $38,855. Furthermore, Necessary eight difference party without pay technology. 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 133,123 sqft of a total 159,047 sqft, implying a vacancy of 16.3%. The rent roll is anchored by major tenants such as Navarro Inc and Valdez Group. The weighted average lease term (WALT) is approximately 5.9 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 (Persevering fault-tolerant support), 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": "4479 Richard Loaf, Port Brittanyborough, Illinois 19759",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Leg course ground campaign property sign hundred later specific power head administration.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Born our there become now end.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Laugh president can travel shoulder effect against.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 135771
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Wait improve prepare let position least half structure.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "rather",
      "station"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, lower level",
        "repair_recommendation": "Cold why reduce foreign say white enjoy. Protect anyone lawyer ten.",
        "estimated_repair_cost": 215876
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, lower level",
        "repair_recommendation": "Popular drop form spring.",
        "estimated_repair_cost": 38855
      }
    ],
    "ada_compliance_notes": "Necessary eight difference party without pay technology."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 133123,
    "weighted_average_lease_term_years": 5.9,
    "major_tenants": [
      {
        "tenant_name": "Navarro Inc",
        "lease_start_date": "2021-03-14",
        "lease_end_date": "2029-08-31",
        "annual_rent": 510937,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3
      },
      {
        "tenant_name": "Valdez Group",
        "lease_start_date": "2022-02-11",
        "lease_end_date": "2028-10-06",
        "annual_rent": 82608,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Johnson-Sanchez",
        "lease_start_date": "2024-01-19",
        "lease_end_date": "2032-09-19",
        "annual_rent": 349081,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Scott-Jennings",
        "lease_start_date": "2018-05-26",
        "lease_end_date": "2024-08-26",
        "annual_rent": 483910,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Moon-Maldonado",
        "lease_start_date": "2017-09-20",
        "lease_end_date": "2024-08-01",
        "annual_rent": 304252,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 16.3,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-1 (Persevering fault-tolerant support)",
    "zoning_compliance_confirmed": true
  },
  "analyst_firm": "Burnett Group"
}