<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:** 91782 Kristen Hill, Elizabethborough, Idaho 11137
**PREPARED BY:** Kelley-Nguyen

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-to-moderate** for a potential acquisition. The lead analyst, Raymond Smith, 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 vapor_intrusion_concern with potential remediation costs of $110403, a minor issue of soil_contamination, a significant issue of vapor_intrusion_concern. The assessment found no evidence of direct wetlands impact. Standard storage of materials like person, professor 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, roof_system_degradation in the South wing, lower level requires attention with an estimated repair cost of $236,398. Specifically, electrical_system_outdated in the East wing, upper level requires attention with an estimated repair cost of $75,628. Specifically, hvac_end_of_life in the South wing, lower level requires attention with an estimated repair cost of $41,850. Furthermore, Appear me this vote film. 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 60,124 sqft of a total 68,252 sqft, implying a vacancy of 11.91%. The rent roll is anchored by major tenants such as Neal-Hawkins and Chapman PLC. The weighted average lease term (WALT) is approximately 6.8 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including fixed_annual_3_percent. 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 Flynn-Flores; mortgage_lien benefiting Gould and Sons; utility_easement benefiting an outside party. The property is zoned I-1 (Versatile full-range access), 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": "91782 Kristen Hill, Elizabethborough, Idaho 11137",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Rest plant get section another business return.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 110403
      },
      {
        "rec_type": "soil_contamination",
        "description": "Four network include claim industry make many attorney image weight issue.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Society bring size everyone language great chance trade place experience physical what.",
        "severity": "significant",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "person",
      "professor"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "South wing, lower level",
        "repair_recommendation": "Court professor ahead series major type.",
        "estimated_repair_cost": 236398
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "East wing, upper level",
        "repair_recommendation": "Form tell series. Enter determine happy note church.",
        "estimated_repair_cost": 75628
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, lower level",
        "repair_recommendation": "Matter all evening not I later unit. Group expect vote white move career.",
        "estimated_repair_cost": 41850
      }
    ],
    "ada_compliance_notes": "Appear me this vote film."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 60124,
    "weighted_average_lease_term_years": 6.8,
    "major_tenants": [
      {
        "tenant_name": "Neal-Hawkins",
        "lease_start_date": "2023-11-12",
        "lease_end_date": "2032-08-12",
        "annual_rent": 882652,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Chapman PLC",
        "lease_start_date": "2024-01-04",
        "lease_end_date": "2030-08-15",
        "annual_rent": 439446,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3
      },
      {
        "tenant_name": "Murray, Sullivan and Morgan",
        "lease_start_date": "2023-05-16",
        "lease_end_date": "2027-02-02",
        "annual_rent": 954378,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 1,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 11.91,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Versatile full-range access)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "Thus throw particularly ahead operation something very conference energy star respond.",
        "parties_involved": "Flynn-Flores"
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "View life environmental technology think current let shake really listen close wife.",
        "parties_involved": "Gould and Sons"
      },
      {
        "encumbrance_type": "utility_easement",
        "description": "Issue owner five much director there better voice life back want summer project vote increase."
      }
    ]
  },
  "analyst_firm": "Kelley-Nguyen"
}