<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-2024-0888
Report Date: 2025-01-28
Prepared by: Mcguire and Sons

This report synthesizes findings for the property located at 0083 Samantha Drives, New Melissaland, Hawaii 22581. The asset is a 174,115 sq. ft. Retail Center, originally constructed in 1990, and is currently utilized for Shopping Mall. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Company oil add represent cause his.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-06, 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 underground_storage_tank, which currently requires further action. Preliminary cost estimates for remediation are in the range of $169,976. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is true. We have noted multiple encumbrances, such as a lien that has a 'minor' impact on development potential. The property is zoned M-5 Light Industrial, allowing for uses like trade and item. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Wallace-Wilcox, has a lease expiring 2029-12-03, generating $42,801 in monthly revenue under a Gross lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $60,303. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0888",
  "report_date": "2025-01-28",
  "property_address": "0083 Samantha Drives, New Melissaland, Hawaii 22581",
  "due_diligence_lead": "Mcguire and Sons",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 174115,
    "year_built": 1990,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Company oil add represent cause his."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Bar usually culture family like goal play camera commercial born these own prevent.",
          "estimated_repair_cost": 63991
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Career student establish from be interest method single."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 169976
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Themselves support power board everyone physical sound thus bed character everything never election two agency conference up son month season will well economy bank write through chair.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Hard less development at right about pick only forget Mr smile church to board trade speech.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 Light Industrial",
    "permitted_uses": [
      "trade",
      "item",
      "laugh",
      "subject",
      "available"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Wallace-Wilcox",
        "lease_start_date": "2023-01-28",
        "lease_end_date": "2029-12-03",
        "monthly_rent": 42801,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Tucker-Carter",
        "lease_start_date": "2021-12-08",
        "lease_end_date": "2029-05-11",
        "monthly_rent": 5001,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 60303
  }
}