<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:** 6515 John Mall, Christinaport, Maine 49305
**PREPARED BY:** Martin, Smith and Mcdowell

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** for a potential acquisition. The lead analyst, Raymond Lloyd, noted the complexity of the file.

**Environmental Review:** The Phase I Environmental Site Assessment (ESA) is noted as **completed_with_recommendations**. Several Recognized Environmental Conditions (RECs) were identified. Key among these are a significant issue of lead-based_paint with potential remediation costs of $137792, a significant issue of soil_contamination with potential remediation costs of $75198, a significant issue of lead-based_paint. The assessment found no evidence of direct wetlands impact. Standard storage of materials like force, soon was observed. 

**Structural and Physical Condition:** A Property Condition Assessment was performed on 2025-08-14, rating the property's overall condition as **'good'**. The engineer's report highlighted several capital-intensive repairs. Specifically, hvac_end_of_life in the North wing, lower level requires attention with an estimated repair cost of $215,140. Specifically, electrical_system_outdated in the North wing, upper level requires attention with an estimated repair cost of $135,369. Furthermore, Bed line own fill beyond four less help. 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 114,459 sqft of a total 134,943 sqft, implying a vacancy of 15.18%. The rent roll is anchored by major tenants such as Vaughn, Gardner and Cooper and Morgan, Herrera and Lopez. The weighted average lease term (WALT) is approximately 4.5 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 C-1 (Future-proofed high-level migration), 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": "6515 John Mall, Christinaport, Maine 49305",
  "due_diligence_summary_date": "2025-08-14",
  "overall_risk_assessment": "low",
  "environmental_findings": {
    "phase1_status": "completed_with_recommendations",
    "recognized_environmental_conditions": [
      {
        "rec_type": "lead-based_paint",
        "description": "Record trouble scientist week win ground let especially well record age.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 137792
      },
      {
        "rec_type": "soil_contamination",
        "description": "Rate a operation common travel college campaign decide eat region.",
        "severity": "significant",
        "remediation_required": true,
        "estimated_cost": 75198
      },
      {
        "rec_type": "lead-based_paint",
        "description": "Already hold future term home position best example office wide.",
        "severity": "significant",
        "remediation_required": true
      }
    ],
    "wetlands_impact": false,
    "hazardous_materials_on_site": [
      "force",
      "soon"
    ]
  },
  "structural_integrity": {
    "assessment_date": "2025-08-14",
    "overall_condition_rating": "good",
    "major_structural_issues": [
      {
        "issue_type": "hvac_end_of_life",
        "location": "North wing, lower level",
        "repair_recommendation": "Appear clearly then listen hotel never.",
        "estimated_repair_cost": 215140
      },
      {
        "issue_type": "electrical_system_outdated",
        "location": "North wing, upper level",
        "repair_recommendation": "Left would music relate social thousand own. Pull rest right month minute adult billion itself.",
        "estimated_repair_cost": 135369
      }
    ],
    "ada_compliance_notes": "Bed line own fill beyond four less help."
  },
  "lease_analysis_summary": {
    "total_occupied_sqft": 114459,
    "weighted_average_lease_term_years": 4.5,
    "major_tenants": [
      {
        "tenant_name": "Vaughn, Gardner and Cooper",
        "lease_start_date": "2021-12-02",
        "lease_end_date": "2026-08-04",
        "annual_rent": 974200,
        "rent_escalation_mechanism": "cpi_indexed",
        "renewal_options": 2,
        "option_term_years": 4
      },
      {
        "tenant_name": "Morgan, Herrera and Lopez",
        "lease_start_date": "2022-02-12",
        "lease_end_date": "2025-02-21",
        "annual_rent": 946169,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 0
      },
      {
        "tenant_name": "Berry, Hayden and Hill",
        "lease_start_date": "2019-11-07",
        "lease_end_date": "2027-03-05",
        "annual_rent": 132144,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 2,
        "option_term_years": 5
      },
      {
        "tenant_name": "Flores Ltd",
        "lease_start_date": "2022-07-12",
        "lease_end_date": "2029-08-15",
        "annual_rent": 371554,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3,
        "option_term_years": 4
      },
      {
        "tenant_name": "Walsh-Alvarado",
        "lease_start_date": "2023-12-13",
        "lease_end_date": "2029-06-15",
        "annual_rent": 315562,
        "rent_escalation_mechanism": "fixed_steps",
        "renewal_options": 3,
        "option_term_years": 5
      }
    ],
    "vacancy_rate_percentage": 15.18,
    "tenant_defaults_identified": true
  },
  "title_and_legal": {
    "clear_title_confirmed": true,
    "pending_litigation_related_to_property": false,
    "zoning_classification": "C-1 (Future-proofed high-level migration)",
    "zoning_compliance_confirmed": false
  },
  "analyst_firm": "Martin, Smith and Mcdowell"
}