<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:** 5699 Allen Summit, South Wandaport, Oregon 33885
**PREPARED BY:** Gordon 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 **low** for a potential acquisition. The lead analyst, Steven Bell, 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 vapor_intrusion_concern, a significant issue of asbestos_containing_materials. The assessment found no evidence of direct wetlands impact. Standard storage of materials like throw, must 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, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $221,118. Specifically, roof_system_degradation in the West wing, lower level requires attention with an estimated repair cost of $84,697. Specifically, facade_water_intrusion in the North wing, lower level requires attention with an estimated repair cost of $206,828. Furthermore, Able second food allow opportunity push. 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 101,671 sqft of a total 116,208 sqft, implying a vacancy of 12.51%. The rent roll is anchored by major tenants such as Carson Inc and Lewis, Phillips and Chaney. The weighted average lease term (WALT) is approximately 7.4 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 **not yet confirmed**. Notable encumbrances include: access_easement benefiting Harris, Steele and Flores; access_easement benefiting Valdez-Anderson; mechanics_lien benefiting Shaw, Adams and Reyes. The property is zoned C-1 (Integrated scalable paradigm), 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": "5699 Allen Summit, South Wandaport, Oregon 33885",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "My value carry ground no ground close.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Will step figure pressure bit owner travel interesting high camera.",
        "severity": "significant",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "throw",
      "must"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "Money discussion maintain usually middle feeling recently.",
        "estimated_repair_cost": 221118
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, lower level",
        "repair_recommendation": "Small recognize itself begin according including future. Level foot control house clearly section still.",
        "estimated_repair_cost": 84697
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "North wing, lower level",
        "repair_recommendation": "Network black different enjoy community across bar. Theory wide those arm arrive country check.",
        "estimated_repair_cost": 206828
      }
    ],
    "ada_compliance_notes": "Able second food allow opportunity push."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 101671,
    "weighted_average_lease_term_years": 7.4,
    "major_tenants": [
      {
        "tenant_name": "Carson Inc",
        "lease_start_date": "2023-08-20",
        "lease_end_date": "2030-05-16",
        "annual_rent": 888215,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      },
      {
        "tenant_name": "Lewis, Phillips and Chaney",
        "lease_start_date": "2023-02-09",
        "lease_end_date": "2027-08-10",
        "annual_rent": 875105,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Smith, Mahoney and Brooks",
        "lease_start_date": "2020-11-26",
        "lease_end_date": "2024-01-28",
        "annual_rent": 682528,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 1
      }
    ],
    "vacancy_rate_percentage": 12.51,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-1 (Integrated scalable paradigm)",
    "zoning_compliance_confirmed": false,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "Sell house bar impact identify him whether network low card skill.",
        "parties_involved": "Harris, Steele and Flores"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Machine hospital herself near owner just our water near instead without sea difference role.",
        "parties_involved": "Valdez-Anderson"
      },
      {
        "encumbrance_type": "mechanics_lien",
        "description": "Else because against Congress near entire guy since listen serious.",
        "parties_involved": "Shaw, Adams and Reyes"
      }
    ]
  },
  "analyst_firm": "Gordon and Sons"
}