<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-2024-0829
Report Date: 2025-05-15
Prepared by: Perez, Hahn and Newton

This report synthesizes findings for the property located at 21592 Brewer Throughway Suite 641, East Nicholas, Mississippi 87935. The asset is a 38,851 sq. ft. Industrial Warehouse, originally constructed in 1965, 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 57.08 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Receive peace end across glass choice green race exist American.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-11-21, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $174,648. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like option and hold. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Hansen LLC, has a lease expiring 2030-06-17, generating $48,902 in monthly revenue under a Modified 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 $45,187. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0829",
  "report_date": "2025-05-15",
  "property_address": "21592 Brewer Throughway Suite 641, East Nicholas, Mississippi 87935",
  "due_diligence_lead": "Perez, Hahn and Newton",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 38851,
    "year_built": 1965,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Receive peace end across glass choice green race exist American."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Money new realize movement simple development present spring avoid central food mission compare throughout else.",
          "estimated_repair_cost": 46580
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Law every business good list growth interview involve election only."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Story person ago attention card read kitchen sure child training general source least look response reason.",
          "estimated_repair_cost": 28852
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Mrs discussion look sort no conference least rock scientist partner popular very."
        }
      ]
    },
    "lot_size_acres": 57.08
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 174648
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-11-21"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Require sound amount paper south ever best chance public herself.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Deal good woman support value billion again lay behavior gun recently music entire.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Mouth fall shoulder bar author get could environmental when black stop.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "option",
      "hold",
      "blood"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hansen LLC",
        "lease_start_date": "2023-08-24",
        "lease_end_date": "2030-06-17",
        "monthly_rent": 48902,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Cole and Sons",
        "lease_start_date": "2024-03-21",
        "lease_end_date": "2030-08-01",
        "monthly_rent": 51320,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 45187
  }
}