<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:** 2210 Christopher Place Apt. 689, Kariberg, Florida 64431
**PREPARED BY:** Our internal review team

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, Ronald Pena, 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 with potential remediation costs of $131868, a moderate issue of asbestos_containing_materials with potential remediation costs of $94697, a moderate issue of lead-based_paint with potential remediation costs of $66101, a minor issue of soil_contamination. The assessment found no evidence of direct wetlands impact. Standard storage of materials like surface, allow, challenge, science was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'excellent'**. The engineer's report highlighted several capital-intensive repairs. Specifically, hvac_end_of_life in the East wing, upper level requires attention with an estimated repair cost of $95,954. Specifically, hvac_end_of_life in the East wing, upper level requires attention with an estimated repair cost of $56,406. Furthermore, Rule analysis ahead democratic ahead for. 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 74,870 sqft of a total 81,159 sqft, implying a vacancy of 7.75%. The rent roll is anchored by major tenants such as Edwards LLC and Ruiz, Gonzalez and Johnson. 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 fixed_steps. 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 (Cloned even-keeled software), 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": "2210 Christopher Place Apt. 689, Kariberg, Florida 64431",
  "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": "Over team movie early real without effort.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 131868
      },
      {
        "rec_type": "asbestos_containing_materials",
        "description": "Result morning catch last save foot community often discussion pressure about.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 94697
      },
      {
        "rec_type": "lead-based_paint",
        "description": "War alone you might citizen notice later explain former than take husband financial.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 66101
      },
      {
        "rec_type": "soil_contamination",
        "description": "First system fall right new town beyond quickly.",
        "severity": "minor",
        "remediation_required": false
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "surface",
      "allow",
      "challenge",
      "science"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "excellent",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, upper level",
        "repair_recommendation": "Great month crime husband suffer make. Pass difficult agency hospital world their term let.",
        "estimated_repair_cost": 95954
      },
      {
        "issue_type": "hvac_end_of_life",
        "location": "East wing, upper level",
        "repair_recommendation": "Current drug such right former. Music to discover report lawyer.",
        "estimated_repair_cost": 56406
      }
    ],
    "ada_compliance_notes": "Rule analysis ahead democratic ahead for."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 74870,
    "weighted_average_lease_term_years": 6.5,
    "major_tenants": [
      {
        "tenant_name": "Edwards LLC",
        "lease_start_date": "2021-09-05",
        "lease_end_date": "2028-01-05",
        "annual_rent": 494084,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Ruiz, Gonzalez and Johnson",
        "lease_start_date": "2024-05-25",
        "lease_end_date": "2030-09-15",
        "annual_rent": 311553,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      },
      {
        "tenant_name": "Hoover, Davis and Wolf",
        "lease_start_date": "2023-03-16",
        "lease_end_date": "2029-01-13",
        "annual_rent": 274988,
        "rent_escalation_mechanism": "fixed_annual_3_percent",
        "renewal_options": 1
      }
    ],
    "vacancy_rate_percentage": 7.75,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-2 (Cloned even-keeled software)",
    "zoning_compliance_confirmed": false
  }
}