<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:** 95749 Robert Key, New Debbieville, Ohio 98391
**PREPARED BY:** Cardenas, Lindsey and Miller

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, Erika Cooper, 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 minor issue of groundwater_impact, a significant issue of soil_contamination with potential remediation costs of $56459, a moderate issue of vapor_intrusion_concern with potential remediation costs of $143295. The assessment found no evidence of direct wetlands impact. No significant quantities of hazardous materials were noted on-site.

**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, hvac_end_of_life in the South wing, lower level requires attention. Specifically, roof_system_degradation in the West wing, lower level requires attention with an estimated repair cost of $126,251. Specifically, roof_system_degradation in the East wing, upper level requires attention with an estimated repair cost of $157,894. Furthermore, Spend manage generation form himself direction home picture. 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 87,563 sqft of a total 100,867 sqft, implying a vacancy of 13.19%. The rent roll is anchored by major tenants such as Horne, Scott and Rice and Johnson, Armstrong and Parks. The weighted average lease term (WALT) is approximately 7.2 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 I-1 (Cross-group dynamic system engine), 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": "95749 Robert Key, New Debbieville, Ohio 98391",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "high",
  "environmental_findings": {
    "phase1_status": "completed",
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_impact",
        "description": "Personal program responsibility daughter west cost should officer.",
        "severity": "minor",
        "remediation_required": false
      },
      {
        "rec_type": "soil_contamination",
        "description": "Item lose pattern thousand natural realize along.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 56459
      },
      {
        "rec_type": "vapor_intrusion_concern",
        "description": "Manage small school week whom field sort according pretty.",
        "severity": "moderate",
        "remediation_required": true,
        "estimated_cost": 143295
      }
    ],
    "wetlands_impact": true
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "poor",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "South wing, lower level",
        "repair_recommendation": "Republican central tough office choice statement. Itself thank there piece break director."
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "West wing, lower level",
        "repair_recommendation": "Everyone agree feel course. Feeling task boy wide collection career page.",
        "estimated_repair_cost": 126251
      },
      {
        "issue_type": "roof_system_degradation",
        "location": "East wing, upper level",
        "repair_recommendation": "Talk pattern student.",
        "estimated_repair_cost": 157894
      }
    ],
    "ada_compliance_notes": "Spend manage generation form himself direction home picture."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 87563,
    "weighted_average_lease_term_years": 7.2,
    "major_tenants": [
      {
        "tenant_name": "Horne, Scott and Rice",
        "lease_start_date": "2020-07-05",
        "lease_end_date": "2024-08-29",
        "annual_rent": 275591,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      },
      {
        "tenant_name": "Johnson, Armstrong and Parks",
        "lease_start_date": "2021-10-27",
        "lease_end_date": "2025-05-11",
        "annual_rent": 230715,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3
      }
    ],
    "vacancy_rate_percentage": 13.19,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": false,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "I-1 (Cross-group dynamic system engine)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Cardenas, Lindsey and Miller"
}