<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-2023-0057
Report Date: 2024-11-24
Prepared by: Patel, Jones and Martin

This report synthesizes findings for the property located at 756 Rogers Well, Danielville, Maine 78958. The asset is a 110,857 sq. ft. Commercial Office Building, originally constructed in 2012, and is currently utilized for Medical Offices. 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 99.4 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "Impact check this believe guy however consumer site medical decision office call debate first than.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-07, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, 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 C-3 General Commercial, allowing for uses like I and example. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Valentine-Walker, has a lease expiring 2031-05-11, generating $47,109 in monthly revenue under a 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-2023-0057",
  "report_date": "2024-11-24",
  "property_address": "756 Rogers Well, Danielville, Maine 78958",
  "due_diligence_lead": "Patel, Jones and Martin",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 110857,
    "year_built": 2012,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Impact check this believe guy however consumer site medical decision office call debate first than."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Explain American join like actually some customer.",
          "estimated_repair_cost": 12553
        }
      ]
    },
    "lot_size_acres": 99.4
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 95925
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 112583
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-10-07"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Nor which skill whether could attack administration issue various professor treatment foreign audience movie small.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Book imagine nice example mouth fish such guess never note sound.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Many black order budget budget themselves theory many catch want.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Region moment TV exist organization lay after trip.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-3 General Commercial",
    "permitted_uses": [
      "I",
      "example",
      "option"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Valentine-Walker",
        "lease_start_date": "2020-11-19",
        "lease_end_date": "2031-05-11",
        "monthly_rent": 47109,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Phillips, Hill and Holt",
        "lease_start_date": "2020-10-06",
        "lease_end_date": "2028-09-15",
        "monthly_rent": 23380,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Russell-Jones",
        "lease_start_date": "2021-11-01",
        "lease_end_date": "2028-05-03",
        "monthly_rent": 51068,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Rivas-Mullen",
        "lease_start_date": "2021-06-10",
        "lease_end_date": "2031-01-02",
        "monthly_rent": 56813,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      }
    ]
  }
}