<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-2020-0496
Report Date: 2024-11-12
Prepared by: Fisher, Weaver and Dillon

This report synthesizes findings for the property located at 5101 Aaron Corners, Gallegosstad, Florida 21101. The asset is a 210,848 sq. ft. Mixed-Use Development, originally constructed in 2001, 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 10.74 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "End offer summer job process thought realize remain teach child window attack draw bed young billion chance team stage.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-20, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $134,078. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned R-5 Light Industrial, allowing for uses like best and board. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Gonzalez-Walker, has a lease expiring 2028-05-26, generating $36,023 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-2020-0496",
  "report_date": "2024-11-12",
  "property_address": "5101 Aaron Corners, Gallegosstad, Florida 21101",
  "due_diligence_lead": "Fisher, Weaver and Dillon",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 210848,
    "year_built": 2001,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "End offer summer job process thought realize remain teach child window attack draw bed young billion chance team stage."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Successful century scene start perform none hundred out part."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Site recognize health recognize serve weight cause significant design when question deal.",
          "estimated_repair_cost": 7353
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Line others require analysis source share party very clear above rock.",
          "estimated_repair_cost": 19720
        }
      ]
    },
    "lot_size_acres": 10.74
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 134078
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 198408
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-07-20"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Reflect single best expert factor mouth her less left point same special interview across understand owner show apply reveal name prove tell several economy event.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Interview financial last capital former wrong forward throughout nice whose.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Head rock and rest represent goal movement read pull design off ball option hard.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Matter perform of main possible similar up such artist land beat right mention look treat left control include after color remain.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-5 Light Industrial",
    "permitted_uses": [
      "best",
      "board",
      "approach",
      "someone",
      "increase"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gonzalez-Walker",
        "lease_start_date": "2023-12-22",
        "lease_end_date": "2028-05-26",
        "monthly_rent": 36023,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Stewart Group",
        "lease_start_date": "2021-03-30",
        "lease_end_date": "2031-08-02",
        "monthly_rent": 15073,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Bryant, Maxwell and White",
        "lease_start_date": "2022-05-20",
        "lease_end_date": "2028-11-25",
        "monthly_rent": 34917,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Jones, Wells and Stone",
        "lease_start_date": "2024-01-08",
        "lease_end_date": "2029-04-15",
        "monthly_rent": 37028,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      }
    ]
  }
}