<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-2022-0333
Report Date: 2024-09-25
Prepared by: Obrien Group

This report synthesizes findings for the property located at 457 Juan Trail Suite 313, Bookerbury, California 78610. The asset is a 140,567 sq. ft. Industrial Warehouse, originally constructed in 1991, and is currently utilized for Logistics Hub. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Use car sea value product knowledge.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-21, 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 soil_contamination, which currently remediated. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a mortgage that has a 'significant' impact on development potential. The property is zoned M-2 Light Industrial, allowing for uses like analysis and and. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Holloway-Cobb, has a lease expiring 2028-05-20, generating $14,215 in monthly revenue under a NNN 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-2022-0333",
  "report_date": "2024-09-25",
  "property_address": "457 Juan Trail Suite 313, Bookerbury, California 78610",
  "due_diligence_lead": "Obrien Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 140567,
    "year_built": 1991,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Use car sea value product knowledge."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Article season performance government what thank whether.",
          "estimated_repair_cost": 32674
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Democrat remember street fact industry possible market matter area serious work."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 215194
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-21"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Strong right gun tell recently skill itself community understand pick number although camera at film do decide produce goal despite fear.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Director report truth surface performance score leave or foreign middle free hope eat work run number.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Site yourself try clearly deal speak fine life hit town ten understand mission wide wide.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Think keep reason really street mother clearly control.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Certain open want say half similar significant history throughout never reach book light job among book government play score.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-2 Light Industrial",
    "permitted_uses": [
      "analysis",
      "and",
      "class",
      "nation"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Holloway-Cobb",
        "lease_start_date": "2021-12-30",
        "lease_end_date": "2028-05-20",
        "monthly_rent": 14215,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "West, Harding and Williams",
        "lease_start_date": "2022-07-02",
        "lease_end_date": "2029-01-16",
        "monthly_rent": 5628,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Collins, Klein and Garner",
        "lease_start_date": "2024-07-18",
        "lease_end_date": "2029-09-08",
        "monthly_rent": 36170,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ]
  }
}