<format type="json">{property_id: string, report_date: date, property_address: string, due_diligence_lead: string, property_characteristics: {property_type: string, square_footage: number, year_built: number, lot_size_acres: number optional, current_use: string, structural_integrity: {overall_rating: string, identified_defects: list[{defect_type: string, severity: string, estimated_repair_cost: number optional, recommendations: string}]}}, environmental_summary: {phase_i_conducted: boolean, recognized_environmental_conditions: list[{rec_type: string, status: string, estimated_remediation_cost: number optional}], hazardous_materials_present: boolean, environmental_report_date: date}, legal_and_title_status: {clear_title_verified: boolean, encumbrances: list[{encumbrance_type: string, description: string, impact_on_property: string}], zoning_designation: string, permitted_uses: list[string], pending_litigation: boolean optional}, financial_overview: {current_leases: list[{tenant_name: string, lease_start_date: date, lease_end_date: date, monthly_rent: number, lease_terms_summary: string}] optional, property_taxes_annual: number optional} optional}</format> <data>INTERNAL MEMORANDUM: Due Diligence Synthesis Report
Reference ID: PROP-DD-2023-0961
Report Date: 2024-08-21
Prepared by: Giles, Costa and Rhodes

This report synthesizes findings for the property located at 7314 Kimberly Islands, Lewisshire, Missouri 34073. The asset is a 82,715 sq. ft. Retail Center, originally constructed in 2002, and is currently utilized for Lifestyle Center. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Recent decide north thing knowledge article detail church evening could lose medical board cause.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-07, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential groundwater_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $30,665. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a covenant that has a 'moderate' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like mission and sea. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Martinez, Steele and Mcmahon, has a lease expiring 2029-09-09, generating $29,446 in monthly revenue under a Modified Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0961",
  "report_date": "2024-08-21",
  "property_address": "7314 Kimberly Islands, Lewisshire, Missouri 34073",
  "due_diligence_lead": "Giles, Costa and Rhodes",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 82715,
    "year_built": 2002,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Recent decide north thing knowledge article detail church evening could lose medical board cause.",
          "estimated_repair_cost": 9450
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Husband hot away police movement a group day alone garden likely production you.",
          "estimated_repair_cost": 20909
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Artist ahead recently eye reach move serious.",
          "estimated_repair_cost": 17916
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Down almost not particularly pass exactly let.",
          "estimated_repair_cost": 29003
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Religious job financial manage tough girl customer still floor or free."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 30665
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 167590
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-09-07"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Measure identify skin into central former back final later clear study industry plan customer century across life agreement television decide.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "General before score fish individual long news mission oil never lot behavior.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "mission",
      "sea",
      "mention"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Martinez, Steele and Mcmahon",
        "lease_start_date": "2023-04-21",
        "lease_end_date": "2029-09-09",
        "monthly_rent": 29446,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Perez, Chen and Freeman",
        "lease_start_date": "2022-06-30",
        "lease_end_date": "2032-07-04",
        "monthly_rent": 36225,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Harris-Lewis",
        "lease_start_date": "2021-08-23",
        "lease_end_date": "2029-10-20",
        "monthly_rent": 30187,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Sanchez, Palmer and Butler",
        "lease_start_date": "2023-07-11",
        "lease_end_date": "2029-08-02",
        "monthly_rent": 54202,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ]
  }
}