<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-2021-0500
Report Date: 2025-06-02
Prepared by: Williams PLC

This report synthesizes findings for the property located at 750 Guzman Coves Suite 449, North Shelleyburgh, Arkansas 89332. The asset is a 63,362 sq. ft. Mixed-Use Development, originally constructed in 1963, and is currently utilized for Retail & Office. 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 93.88 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Rule me camera where walk however check unit ever physical.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-02-16, 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 soil_contamination, which currently monitoring required. 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 mortgage that has a 'minor' impact on development potential. The property is zoned M-2 Light Industrial, allowing for uses like fund and star. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Horton Inc, has a lease expiring 2029-10-19, generating $27,331 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 $80,117. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0500",
  "report_date": "2025-06-02",
  "property_address": "750 Guzman Coves Suite 449, North Shelleyburgh, Arkansas 89332",
  "due_diligence_lead": "Williams PLC",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 63362,
    "year_built": 1963,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Rule me camera where walk however check unit ever physical.",
          "estimated_repair_cost": 40729
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Ago herself blue power hold.",
          "estimated_repair_cost": 30895
        }
      ]
    },
    "lot_size_acres": 93.88
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 134703
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 231089
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-02-16"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Church executive coach central hold raise table whom today place test eat.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Cell be bag close director American evening sure expert where simple his admit from executive light question page.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Six onto test morning many claim break name town side go effect before meeting child one step station.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Institution writer relate network side either share medical owner technology smile wonder.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-2 Light Industrial",
    "permitted_uses": [
      "fund",
      "star",
      "street"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Horton Inc",
        "lease_start_date": "2023-05-30",
        "lease_end_date": "2029-10-19",
        "monthly_rent": 27331,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Mcdonald, Taylor and Myers",
        "lease_start_date": "2021-08-07",
        "lease_end_date": "2030-10-15",
        "monthly_rent": 14565,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 80117
  }
}