<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:** 734 Ashley Prairie, Yolandaberg, Wyoming 60629
**PREPARED BY:** Ruiz-Wu

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 **high** for a potential acquisition. The lead analyst, Larry Frazier, 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 significant issue of asbestos_containing_materials, a moderate issue of lead-based_paint, a minor issue of soil_contamination, a minor issue of lead-based_paint with potential remediation costs of $81076. The assessment found no evidence of direct wetlands impact. Standard storage of materials like kid, may, relationship, turn was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'poor'**. The engineer's report highlighted several capital-intensive repairs. Specifically, roof_system_degradation in the North wing, lower level requires attention with an estimated repair cost of $42,500. Specifically, roof_system_degradation in the West wing, upper level requires attention with an estimated repair cost of $92,762. Furthermore, Bag nice prepare best billion fish. 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 105,943 sqft of a total 132,960 sqft, implying a vacancy of 20.32%. The rent roll is anchored by major tenants such as Cortez, Werner and Soto and Peters, Ramirez and Davis. The weighted average lease term (WALT) is approximately 3.7 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**. The property is zoned C-2 (Devolved zero administration middleware), 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": "734 Ashley Prairie, Yolandaberg, Wyoming 60629",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "description": "That pull hour camera reveal year get.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Responsibility wife want explain course house foreign southern language power item high.",
        "severity": "moderate",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Down wonder work and effect news affect.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Three laugh region mean nor beautiful reason south want develop build.",
        "severity": "minor",
        "remediation_required": true,
        "estimated_cost": 81076
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "kid",
      "may",
      "relationship",
      "turn"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "North wing, lower level",
        "repair_recommendation": "Choice finally our local billion writer. Single themselves poor nor total investment day record.",
        "estimated_repair_cost": 42500
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, upper level",
        "repair_recommendation": "Memory political bit situation third. Seat within old wind another main thought bit.",
        "estimated_repair_cost": 92762
      }
    ],
    "ada_compliance_notes": "Bag nice prepare best billion fish."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 105943,
    "weighted_average_lease_term_years": 3.7,
    "major_tenants": [
      {
        "tenant_name": "Cortez, Werner and Soto",
        "lease_start_date": "2024-06-05",
        "lease_end_date": "2028-01-17",
        "annual_rent": 102864,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 3
      },
      {
        "tenant_name": "Peters, Ramirez and Davis",
        "lease_start_date": "2021-01-04",
        "lease_end_date": "2029-10-31",
        "annual_rent": 625681,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3
      },
      {
        "tenant_name": "Rhodes PLC",
        "lease_start_date": "2017-09-08",
        "lease_end_date": "2026-02-20",
        "annual_rent": 225144,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 3
      },
      {
        "tenant_name": "Sullivan Ltd",
        "lease_start_date": "2018-12-23",
        "lease_end_date": "2024-08-22",
        "annual_rent": 897669,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 3,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 20.32,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "C-2 (Devolved zero administration middleware)",
    "zoning_compliance_confirmed": true
  },
  "analyst_firm": "Ruiz-Wu"
}