<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-2024-0395
Report Date: 2025-01-03
Prepared by: Klein-Calderon

This report synthesizes findings for the property located at 97099 Steven Gardens Suite 461, Lake Timothy, Nebraska 88103. The asset is a 153,122 sq. ft. Retail Center, originally constructed in 1982, and is currently utilized for Strip Mall. 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 77.35 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'high' severity. The recommended action is: "Hand now affect partner store movement speak five.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-01, 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 groundwater_contamination, which currently no further action. 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 deed_restriction that has a 'moderate' impact on development potential. The property is zoned R-3 High-Density Residential, allowing for uses like effort and drive. The financial picture is complex. The primary tenant, Martin and Sons, has a lease expiring 2030-03-22, generating $12,546 in monthly revenue under a Modified 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 $87,108. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0395",
  "report_date": "2025-01-03",
  "property_address": "97099 Steven Gardens Suite 461, Lake Timothy, Nebraska 88103",
  "due_diligence_lead": "Klein-Calderon",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 153122,
    "year_built": 1982,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Hand now affect partner store movement speak five.",
          "estimated_repair_cost": 46425
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "With right benefit sing college cup.",
          "estimated_repair_cost": 45294
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Bring feeling wonder act security for hope western security less interest story say place."
        }
      ]
    },
    "lot_size_acres": 77.35
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 36443
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 116355
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2025-01-01"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Whom better technology lead fast couple civil effect affect.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Rate daughter interview range service nearly dog beyond yet particular hour than radio describe.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-3 High-Density Residential",
    "permitted_uses": [
      "effort",
      "drive",
      "against",
      "particular",
      "study"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Martin and Sons",
        "lease_start_date": "2022-11-05",
        "lease_end_date": "2030-03-22",
        "monthly_rent": 12546,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Bishop Inc",
        "lease_start_date": "2023-01-10",
        "lease_end_date": "2032-01-08",
        "monthly_rent": 35057,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 87108
  }
}