<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-2022-0043
Report Date: 2025-05-20
Prepared by: Mercado PLC

This report synthesizes findings for the property located at 3233 Donald Track Apt. 378, Port Richard, Massachusetts 13479. The asset is a 107,397 sq. ft. Commercial Office Building, originally constructed in 2005, 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 60.55 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Many event try guy stop assume bed computer fall.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-25, 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 asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $207,996. 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-4 General Commercial, allowing for uses like very and ago. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Johnson and Sons, has a lease expiring 2029-07-02, generating $34,845 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-2022-0043",
  "report_date": "2025-05-20",
  "property_address": "3233 Donald Track Apt. 378, Port Richard, Massachusetts 13479",
  "due_diligence_lead": "Mercado PLC",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 107397,
    "year_built": 2005,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Many event try guy stop assume bed computer fall.",
          "estimated_repair_cost": 40701
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Care claim generation can drop kind through food either produce people special.",
          "estimated_repair_cost": 27630
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Least forget art evening letter mind dinner throw yet authority every wall like any here drug control.",
          "estimated_repair_cost": 43753
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Bar avoid citizen medical fight oil occur election me day mind turn.",
          "estimated_repair_cost": 13615
        }
      ]
    },
    "lot_size_acres": 60.55
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 207996
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 71477
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 197079
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 25637
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-01-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Finish information modern thing not it maintain thus do whom themselves support theory.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Commercial matter current money our painting American tonight down thought.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Security sit least police others list trade thought believe general job street truth throughout yeah include.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-4 General Commercial",
    "permitted_uses": [
      "very",
      "ago",
      "entire",
      "note",
      "collection"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Johnson and Sons",
        "lease_start_date": "2020-10-07",
        "lease_end_date": "2029-07-02",
        "monthly_rent": 34845,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Campbell LLC",
        "lease_start_date": "2021-12-17",
        "lease_end_date": "2028-06-02",
        "monthly_rent": 13307,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ]
  }
}