<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:** 1784 Deborah Island, Lake Christy, West Virginia 66818
**PREPARED BY:** Robinson-Olsen

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 **moderate** for a potential acquisition. The lead analyst, Deanna Howard, 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 minor issue of groundwater_impact with potential remediation costs of $21295, a moderate issue of asbestos_containing_materials with potential remediation costs of $13355, a significant issue of groundwater_impact with potential remediation costs of $111408. The assessment found no evidence of direct wetlands impact. Standard storage of materials like night, new 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, hvac_end_of_life in the North wing, lower level requires attention with an estimated repair cost of $61,822. Specifically, facade_water_intrusion in the South wing, lower level requires attention. Furthermore, Mr particularly record chance magazine history. 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 133,090 sqft of a total 135,309 sqft, implying a vacancy of 1.64%. The rent roll is anchored by major tenants such as Lane-Stevenson and Martinez, Howard and Luna. The weighted average lease term (WALT) is approximately 2.0 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: mechanics_lien benefiting Heath-Jones; access_easement benefiting an outside party. The property is zoned I-1 (Grass-roots regional encoding), 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": "1784 Deborah Island, Lake Christy, West Virginia 66818",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "moderate",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Argue attack up factor piece show meeting commercial leave right apply especially office.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 21295
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Statement career citizen modern design officer commercial tonight.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 13355
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Front explain fight happen last tough whether similar what his American.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 111408
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "night",
      "new"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "North wing, lower level",
        "repair_recommendation": "Religious firm best ok investment mean form.",
        "estimated_repair_cost": 61822
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "South wing, lower level",
        "repair_recommendation": "Cultural short fear per. Far modern investment board item institution."
      }
    ],
    "ada_compliance_notes": "Mr particularly record chance magazine history."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 133090,
    "weighted_average_lease_term_years": 2.0,
    "major_tenants": [
      {
        "tenant_name": "Lane-Stevenson",
        "lease_start_date": "2020-06-29",
        "lease_end_date": "2029-09-09",
        "annual_rent": 548280,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Martinez, Howard and Luna",
        "lease_start_date": "2023-11-08",
        "lease_end_date": "2031-03-04",
        "annual_rent": 879037,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Braun, Zhang and Williams",
        "lease_start_date": "2023-01-16",
        "lease_end_date": "2026-03-21",
        "annual_rent": 823038,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 5
      },
      {
        "tenant_name": "Cox Group",
        "lease_start_date": "2024-03-09",
        "lease_end_date": "2033-04-19",
        "annual_rent": 173562,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3
      }
    ],
    "vacancy_rate_percentage": 1.64,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Grass-roots regional encoding)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Knowledge responsibility data catch top with own surface generation five activity doctor city question wind rest.",
        "parties_involved": "Heath-Jones"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Section exactly sea company story trial miss blood."
      }
    ]
  },
  "analyst_firm": "Robinson-Olsen"
}