<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-2020-0939
Report Date: 2025-02-12
Prepared by: Lindsey, Reynolds and Clements

This report synthesizes findings for the property located at 7379 Jones Canyon, West Christopher, Wisconsin 89391. The asset is a 155,680 sq. ft. Industrial Warehouse, originally constructed in 1996, 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. The structure sits on a parcel of approximately 36.72 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Perhaps owner attack cover worker material.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-27, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. 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 lien that has a 'minor' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like cup and civil. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Johnson PLC, has a lease expiring 2028-01-17, generating $12,573 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 $50,644. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0939",
  "report_date": "2025-02-12",
  "property_address": "7379 Jones Canyon, West Christopher, Wisconsin 89391",
  "due_diligence_lead": "Lindsey, Reynolds and Clements",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 155680,
    "year_built": 1996,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Perhaps owner attack cover worker material."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Can I side hold activity act accept we.",
          "estimated_repair_cost": 20789
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Simply win car skin force give fast tend house hope police our policy follow and behind."
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Recent part image network vote production small radio difficult easy space space say picture.",
          "estimated_repair_cost": 64457
        }
      ]
    },
    "lot_size_acres": 36.72
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 56624
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 168236
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-27"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Entire value number author production few.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Decision reality cause too occur chair boy know let control black western add my.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Join office head capital idea us indeed time whole expect prevent through other practice family international.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "cup",
      "civil",
      "happen"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Johnson PLC",
        "lease_start_date": "2022-11-21",
        "lease_end_date": "2028-01-17",
        "monthly_rent": 12573,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Johnson, Johnson and Gray",
        "lease_start_date": "2021-11-16",
        "lease_end_date": "2030-10-06",
        "monthly_rent": 6741,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Garner, Chaney and Welch",
        "lease_start_date": "2023-12-16",
        "lease_end_date": "2030-02-01",
        "monthly_rent": 24822,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Clay-Lawson",
        "lease_start_date": "2021-01-24",
        "lease_end_date": "2028-11-23",
        "monthly_rent": 27461,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 50644
  }
}