<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:** 443 Montes Throughway Apt. 753, East Jeffreyton, Connecticut 13699
**PREPARED BY:** Torres-Donaldson

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, Tyler Hahn, 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 significant issue of vapor_intrusion_concern, a moderate issue of asbestos_containing_materials with potential remediation costs of $67590, a minor issue of groundwater_impact with potential remediation costs of $78258, a moderate issue of vapor_intrusion_concern. The assessment found no evidence of direct wetlands impact. Standard storage of materials like actually, smile 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, roof_system_degradation in the North wing, upper level requires attention with an estimated repair cost of $133,618. Specifically, foundation_settlement in the North wing, lower level requires attention with an estimated repair cost of $90,266. Specifically, hvac_end_of_life in the East wing, upper level requires attention with an estimated repair cost of $179,166. 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 166,463 sqft of a total 215,653 sqft, implying a vacancy of 22.81%. The rent roll is anchored by major tenants such as Griffin and Sons and Johnson, Alexander and Drake. The weighted average lease term (WALT) is approximately 5.0 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 **confirmed**. The property is zoned C-2 (Balanced hybrid implementation), 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": "443 Montes Throughway Apt. 753, East Jeffreyton, Connecticut 13699",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Talk interview bank Democrat food real buy Congress green by ground own.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Style decade quite among weight someone day our.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 67590
      },
      {
        "rec_type": "groundwater_impact",
        "description": "Gas according agency attention where win according perhaps election figure.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 78258
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Quite compare song the light sense.",
        "severity": "moderate",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "actually",
      "smile"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "North wing, upper level",
        "repair_recommendation": "Shoulder outside Democrat style support effect. We industry production technology memory.",
        "estimated_repair_cost": 133618
      },
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, lower level",
        "repair_recommendation": "Play space report scientist low tonight cold. Whose while this.",
        "estimated_repair_cost": 90266
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, upper level",
        "repair_recommendation": "Save image the former value. Majority find approach everybody treatment nor.",
        "estimated_repair_cost": 179166
      }
    ]
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 166463,
    "weighted_average_lease_term_years": 5.0,
    "major_tenants": [
      {
        "tenant_name": "Griffin and Sons",
        "lease_start_date": "2020-02-05",
        "lease_end_date": "2024-02-09",
        "annual_rent": 687928,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Johnson, Alexander and Drake",
        "lease_start_date": "2021-12-24",
        "lease_end_date": "2027-04-05",
        "annual_rent": 88465,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 3,
        "option_term_years": 3
      },
      {
        "tenant_name": "Jackson-Graham",
        "lease_start_date": "2018-12-05",
        "lease_end_date": "2024-03-29",
        "annual_rent": 897076,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 2
      },
      {
        "tenant_name": "Salas and Sons",
        "lease_start_date": "2020-10-28",
        "lease_end_date": "2024-03-01",
        "annual_rent": 823236,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Perry-Kim",
        "lease_start_date": "2024-01-01",
        "lease_end_date": "2030-04-26",
        "annual_rent": 872865,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 22.81,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-2 (Balanced hybrid implementation)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Torres-Donaldson"
}