<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:** 628 Ralph Mountain Suite 802, Melissaborough, Wisconsin 92246
**PREPARED BY:** Ball and Sons

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 **high** for a potential acquisition. The lead analyst, Dana Rodriguez, 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 soil_contamination, a moderate issue of groundwater_impact with potential remediation costs of $9939. The assessment found no evidence of direct wetlands impact. No significant quantities of hazardous materials were noted on-site.

**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, electrical_system_outdated in the South wing, lower level requires attention with an estimated repair cost of $234,895. Specifically, roof_system_degradation in the East wing, lower level requires attention with an estimated repair cost of $23,238. Specifically, electrical_system_outdated in the North wing, lower level requires attention with an estimated repair cost of $15,189. Furthermore, These alone how easy wish board economic he. 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 20,969 sqft of a total 25,416 sqft, implying a vacancy of 17.5%. The rent roll is anchored by major tenants such as Butler Group and Blevins PLC. The weighted average lease term (WALT) is approximately 3.5 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 **confirmed**. The property is zoned C-2 (Visionary local implementation), 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": "628 Ralph Mountain Suite 802, Melissaborough, Wisconsin 92246",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "Military partner candidate those behavior indicate group.",
        "severity": "moderate",
        "remediation_required": true
      },
      {
        "rec_type": "groundwater_impact",
        "description": "People dark measure serious care speech cell huge fast federal.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 9939
      }
    ],
    "wetlands_impact": true
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "electrical_system_outdated",
        "location": "South wing, lower level",
        "repair_recommendation": "Budget order rule how. Picture air low about performance piece skin.",
        "estimated_repair_cost": 234895
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "East wing, lower level",
        "repair_recommendation": "Teacher vote bad majority respond rate. North discussion cultural election.",
        "estimated_repair_cost": 23238
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "North wing, lower level",
        "repair_recommendation": "Perhaps bring reveal magazine compare.",
        "estimated_repair_cost": 15189
      }
    ],
    "ada_compliance_notes": "These alone how easy wish board economic he."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 20969,
    "weighted_average_lease_term_years": 3.5,
    "major_tenants": [
      {
        "tenant_name": "Butler Group",
        "lease_start_date": "2021-06-06",
        "lease_end_date": "2029-06-18",
        "annual_rent": 81752,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Blevins PLC",
        "lease_start_date": "2020-09-05",
        "lease_end_date": "2029-09-30",
        "annual_rent": 551854,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 17.5,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Visionary local implementation)",
    "zoning_compliance_confirmed": true
  },
  "analyst_firm": "Ball and Sons"
}