<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:** 809 Coleman Throughway Suite 453, New Madison, Utah 70756
**PREPARED BY:** Montgomery, Rivera and Silva

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, Allen Martin, 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 significant issue of lead-based_paint with potential remediation costs of $9468, a moderate issue of vapor_intrusion_concern with potential remediation costs of $111901, a significant issue of lead-based_paint. The assessment found no evidence of direct wetlands impact. Standard storage of materials like arm, phone, computer, can 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, foundation_settlement in the North wing, upper level requires attention with an estimated repair cost of $221,411. Specifically, foundation_settlement in the West wing, lower level requires attention. Furthermore, Build third individual. 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 99,907 sqft of a total 115,232 sqft, implying a vacancy of 13.3%. The rent roll is anchored by major tenants such as Burton-Obrien and Fry, Patterson and Romero. The weighted average lease term (WALT) is approximately 6.5 years, providing stable near-term cash flow. Rent escalation for key tenants is a mix of mechanisms, including cpi_indexed. 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 I-1 (Business-focused solution-oriented capacity), 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": "809 Coleman Throughway Suite 453, New Madison, Utah 70756",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Development front similar general executive she rise issue.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 9468
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Hundred staff wonder defense fish also author couple family will.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 111901
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Night recent response wind result exist.",
        "severity": "significant",
        "remediation_required": true
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "arm",
      "phone",
      "computer",
      "can"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "foundation_settlement",
        "location": "North wing, upper level",
        "repair_recommendation": "Course glass ever town Mr.",
        "estimated_repair_cost": 221411
      },
      {
        "issue_type": "foundation_settlement",
        "location": "West wing, lower level",
        "repair_recommendation": "Picture seat special century firm."
      }
    ],
    "ada_compliance_notes": "Build third individual."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 99907,
    "weighted_average_lease_term_years": 6.5,
    "major_tenants": [
      {
        "tenant_name": "Burton-Obrien",
        "lease_start_date": "2023-12-09",
        "lease_end_date": "2027-12-09",
        "annual_rent": 427883,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 0
      },
      {
        "tenant_name": "Fry, Patterson and Romero",
        "lease_start_date": "2022-09-13",
        "lease_end_date": "2029-04-25",
        "annual_rent": 980236,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Moore Group",
        "lease_start_date": "2021-10-03",
        "lease_end_date": "2028-08-30",
        "annual_rent": 870914,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Harmon-Rose",
        "lease_start_date": "2019-03-27",
        "lease_end_date": "2022-09-26",
        "annual_rent": 643030,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 1,
        "option_term_years": 4
      },
      {
        "tenant_name": "Kim-Williams",
        "lease_start_date": "2020-06-13",
        "lease_end_date": "2030-01-09",
        "annual_rent": 336680,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 13.3,
    "tenant_defaults_identified": false
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "I-1 (Business-focused solution-oriented capacity)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Montgomery, Rivera and Silva"
}