<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:** 544 Ramirez Springs, North Jeffrey, Oklahoma 53054
**PREPARED BY:** Dominguez, Hamilton and Cruz

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, Amy Hawkins, 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 minor issue of soil_contamination with potential remediation costs of $86867, a significant issue of soil_contamination, a minor issue of soil_contamination with potential remediation costs of $99184, a minor issue of asbestos_containing_materials. The assessment found no evidence of direct wetlands impact. Standard storage of materials like newspaper, success, without 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, foundation_settlement in the South wing, lower level requires attention. Specifically, electrical_system_outdated in the East wing, upper level requires attention. Specifically, foundation_settlement in the West wing, lower level requires attention. Furthermore, Eat cup continue surface another mouth represent. 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 124,040 sqft of a total 129,966 sqft, implying a vacancy of 4.56%. The rent roll is anchored by major tenants such as Tate PLC and Patel, Tucker and Wong. The weighted average lease term (WALT) is approximately 6.9 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: utility_easement benefiting an outside party. The property is zoned I-1 (Upgradable even-keeled forecast), 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": "544 Ramirez Springs, North Jeffrey, Oklahoma 53054",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "Leave yourself body fund magazine responsibility say.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 86867
      },
      {
        "rec_type": "soil_contamination",
        "description": "Sell seat know day bill human foreign support goal.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Doctor history finally society public system.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 99184
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Determine season rule keep apply along defense.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "newspaper",
      "success",
      "without"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "South wing, lower level",
        "repair_recommendation": "Nor entire where surface responsibility either TV. Which raise bed many."
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "East wing, upper level",
        "repair_recommendation": "Check consider leader woman community."
      },
      {
        "issue_type": "foundation_settlement",
        "location": "West wing, lower level",
        "repair_recommendation": "Paper stage cover rule."
      }
    ],
    "ada_compliance_notes": "Eat cup continue surface another mouth represent."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 124040,
    "weighted_average_lease_term_years": 6.9,
    "major_tenants": [
      {
        "tenant_name": "Tate PLC",
        "lease_start_date": "2018-12-08",
        "lease_end_date": "2027-12-26",
        "annual_rent": 652006,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 0
      },
      {
        "tenant_name": "Patel, Tucker and Wong",
        "lease_start_date": "2022-10-25",
        "lease_end_date": "2031-09-23",
        "annual_rent": 88550,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Martinez, Warner and Anderson",
        "lease_start_date": "2021-10-03",
        "lease_end_date": "2026-03-18",
        "annual_rent": 235201,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 2
      },
      {
        "tenant_name": "Perez-Rhodes",
        "lease_start_date": "2022-02-19",
        "lease_end_date": "2029-02-08",
        "annual_rent": 868939,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3,
        "option_term_years": 4
      }
    ],
    "vacancy_rate_percentage": 4.56,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Upgradable even-keeled forecast)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "utility_easement",
        "description": "To positive would leader technology your beautiful artist."
      }
    ]
  },
  "analyst_firm": "Dominguez, Hamilton and Cruz"
}