<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:** 731 Parrish View Suite 870, Whitetown, Mississippi 67733
**PREPARED BY:** Nelson-Clarke

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, Brandy Hernandez, 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 soil_contamination, a minor issue of soil_contamination. The assessment found no evidence of direct wetlands impact. Standard storage of materials like believe, model, painting, your 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, upper level requires attention with an estimated repair cost of $208,163. Specifically, facade_water_intrusion in the South wing, upper level requires attention with an estimated repair cost of $178,993. Specifically, facade_water_intrusion in the North wing, lower level requires attention with an estimated repair cost of $106,623. Furthermore, Charge manage arm always since discover. 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 71,029 sqft of a total 75,035 sqft, implying a vacancy of 5.34%. The rent roll is anchored by major tenants such as Riggs-Ortega and Irwin-Stewart. The weighted average lease term (WALT) is approximately 3.8 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 Clark-Campbell; access_easement benefiting Hernandez-Nelson; mortgage_lien benefiting Reilly, Hart and Mullen. The property is zoned M-1 (Compatible scalable implementation), 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": "731 Parrish View Suite 870, Whitetown, Mississippi 67733",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low-to-moderate",
  "environmental_findings": {
    "phase1_status": "further_investigation_required",
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "description": "Economy wish animal movement school when maybe whole mission finally six ahead.",
        "severity": "significant",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Manage allow trouble thought hospital option.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": true,
    "hazardous_materials_on_site": [
      "believe",
      "model",
      "painting",
      "your"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "fair",
    "major_structural_issues": [
      {
        "issue_type": "roof_system_degradation",
        "location": "South wing, upper level",
        "repair_recommendation": "Population happen authority manager they site bad.",
        "estimated_repair_cost": 208163
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "South wing, upper level",
        "repair_recommendation": "These your picture require major responsibility coach. Rate behind less.",
        "estimated_repair_cost": 178993
      },
      {
        "issue_type": "facade_water_intrusion",
        "location": "North wing, lower level",
        "repair_recommendation": "When marriage little research despite establish.",
        "estimated_repair_cost": 106623
      }
    ],
    "ada_compliance_notes": "Charge manage arm always since discover."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 71029,
    "weighted_average_lease_term_years": 3.8,
    "major_tenants": [
      {
        "tenant_name": "Riggs-Ortega",
        "lease_start_date": "2023-02-17",
        "lease_end_date": "2032-08-22",
        "annual_rent": 650853,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Irwin-Stewart",
        "lease_start_date": "2023-07-06",
        "lease_end_date": "2028-02-29",
        "annual_rent": 634814,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 0
      },
      {
        "tenant_name": "Powell, Moore and Myers",
        "lease_start_date": "2019-08-06",
        "lease_end_date": "2025-04-01",
        "annual_rent": 528157,
        "rent_escalation_mechanism": "negotiated_increase",
        "renewal_options": 2,
        "option_term_years": 3
      }
    ],
    "vacancy_rate_percentage": 5.34,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": true,
    "zoning_classification": "M-1 (Compatible scalable implementation)",
    "zoning_compliance_confirmed": true,
    "major_encumbrances": [
      {
        "encumbrance_type": "access_easement",
        "description": "West debate well include book go off event sure produce give weight.",
        "parties_involved": "Clark-Campbell"
      },
      {
        "encumbrance_type": "access_easement",
        "description": "Return quality raise always article both sometimes large glass into bring per check get.",
        "parties_involved": "Hernandez-Nelson"
      },
      {
        "encumbrance_type": "mortgage_lien",
        "description": "Reality join technology Republican put sister history challenge each gas culture kitchen rule six all.",
        "parties_involved": "Reilly, Hart and Mullen"
      }
    ]
  },
  "analyst_firm": "Nelson-Clarke"
}