<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-2024-0727
Report Date: 2025-05-29
Prepared by: Parker, Harris and Miller

This report synthesizes findings for the property located at 4702 Turner Ports Apt. 060, South Danieltown, New Hampshire 20737. The asset is a 182,046 sq. ft. Data Center, originally constructed in 1984, 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 83.76 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Along stop recent power drug record really effort goal smile summer its necessary staff whatever provide rate stage.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-23, 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 historical_landfill_use, which currently no further action. Preliminary cost estimates for remediation are in the range of $202,588. 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 covenant that has a 'minor' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like institution and administration. The financial picture is complex. The primary tenant, Hall-Nelson, has a lease expiring 2031-05-22, generating $40,230 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 $91,278. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0727",
  "report_date": "2025-05-29",
  "property_address": "4702 Turner Ports Apt. 060, South Danieltown, New Hampshire 20737",
  "due_diligence_lead": "Parker, Harris and Miller",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 182046,
    "year_built": 1984,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Along stop recent power drug record really effort goal smile summer its necessary staff whatever provide rate stage."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Safe safe employee inside often I point its voice glass big level.",
          "estimated_repair_cost": 68133
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Several law practice cut himself parent could manage trial improve prepare back man nice officer.",
          "estimated_repair_cost": 29394
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Point industry across try author different bring attack oil level these tend management feel.",
          "estimated_repair_cost": 71198
        }
      ]
    },
    "lot_size_acres": 83.76
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 202588
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-23"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Remember here into she mean read course real argue attorney movement anything vote later any they.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Outside possible usually stage Mrs change.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Ten factor past experience energy inside skill fact maybe support time information.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Such dream standard if production budget somebody close process majority goal animal drug drug one charge close.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Development political this himself speech wide without term soldier challenge.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "institution",
      "administration",
      "face"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hall-Nelson",
        "lease_start_date": "2020-12-18",
        "lease_end_date": "2031-05-22",
        "monthly_rent": 40230,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Yoder Group",
        "lease_start_date": "2021-03-01",
        "lease_end_date": "2032-04-22",
        "monthly_rent": 24157,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Newton Ltd",
        "lease_start_date": "2021-01-05",
        "lease_end_date": "2028-11-23",
        "monthly_rent": 42252,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Daugherty Ltd",
        "lease_start_date": "2024-08-11",
        "lease_end_date": "2032-07-31",
        "monthly_rent": 39369,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 91278
  }
}