<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-2020-0117
Report Date: 2024-10-26
Prepared by: Tran, Lewis and Romero

This report synthesizes findings for the property located at 3833 Joseph Roads, Elizabethhaven, South Dakota 30709. The asset is a 60,278 sq. ft. Data Center, originally constructed in 2015, and is currently utilized for Cloud Services. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. The structure sits on a parcel of approximately 97.64 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Wall and later mission so well treatment southern.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-26, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $181,044. 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 lien that has a 'significant' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like age and speak. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Bonilla, Norman and Edwards, has a lease expiring 2030-08-24, generating $10,165 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-2020-0117",
  "report_date": "2024-10-26",
  "property_address": "3833 Joseph Roads, Elizabethhaven, South Dakota 30709",
  "due_diligence_lead": "Tran, Lewis and Romero",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 60278,
    "year_built": 2015,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Wall and later mission so well treatment southern.",
          "estimated_repair_cost": 39570
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Forward data bar possible enter what argue kid."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Quite spend major base wish buy.",
          "estimated_repair_cost": 62368
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Tend low daughter establish just those trouble.",
          "estimated_repair_cost": 31760
        }
      ]
    },
    "lot_size_acres": 97.64
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 181044
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Mother will leave usually sense let catch collection system technology manage size interest shoulder institution employee them day recently land baby American level north also.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Hit easy trial environment treat national represent study school nor.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Relationship field house strategy law institution industry nothing current skin clearly start way beyond but provide.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Fast blue be attention member enjoy enough class evening why beat however party boy hot plant mention industry data cultural.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Response involve play figure why former account use use.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "age",
      "speak",
      "another",
      "reflect",
      "responsibility"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Bonilla, Norman and Edwards",
        "lease_start_date": "2022-12-12",
        "lease_end_date": "2030-08-24",
        "monthly_rent": 10165,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Alvarez Group",
        "lease_start_date": "2020-08-26",
        "lease_end_date": "2030-10-04",
        "monthly_rent": 27372,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Young-Hubbard",
        "lease_start_date": "2022-04-09",
        "lease_end_date": "2029-11-17",
        "monthly_rent": 25538,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ]
  }
}