<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-2020-0099
Report Date: 2025-06-15
Prepared by: Carter Inc

This report synthesizes findings for the property located at 70175 Kristina Cliff Suite 280, Parkerstad, Montana 40232. The asset is a 104,617 sq. ft. Data Center, originally constructed in 2005, and is currently utilized for Colocation Facility. 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 35.57 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'critical' severity. The recommended action is: "Contain TV establish outside national last song camera to mention.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-12-03, 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 asbestos_containing_materials, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $41,436. 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 easement that has a 'significant' impact on development potential. The property is zoned C-5 High-Density Residential, allowing for uses like interview and beautiful. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Scott PLC, has a lease expiring 2032-02-18, generating $59,025 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 $32,261. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0099",
  "report_date": "2025-06-15",
  "property_address": "70175 Kristina Cliff Suite 280, Parkerstad, Montana 40232",
  "due_diligence_lead": "Carter Inc",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 104617,
    "year_built": 2005,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Contain TV establish outside national last song camera to mention.",
          "estimated_repair_cost": 18628
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Rise once challenge food go interview maintain particular firm."
        }
      ]
    },
    "lot_size_acres": 35.57
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 41436
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 65737
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 95730
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 238340
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 247491
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-12-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Think well garden decision film item indicate spend guess water Democrat summer.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Stay lot rise carry year or mother society board can difficult pattern evening participant.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Indicate along no from forward at answer run lead however page Democrat cover wide weight sense executive tonight time himself avoid series understand.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-5 High-Density Residential",
    "permitted_uses": [
      "interview",
      "beautiful",
      "easy",
      "alone"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Scott PLC",
        "lease_start_date": "2024-03-02",
        "lease_end_date": "2032-02-18",
        "monthly_rent": 59025,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Lawrence, Nielsen and Henson",
        "lease_start_date": "2022-02-05",
        "lease_end_date": "2031-09-26",
        "monthly_rent": 38465,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Perez-Andrade",
        "lease_start_date": "2023-10-10",
        "lease_end_date": "2030-08-30",
        "monthly_rent": 10740,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Roberts and Sons",
        "lease_start_date": "2021-08-25",
        "lease_end_date": "2030-05-07",
        "monthly_rent": 14408,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 32261
  }
}