<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-2023-0028
Report Date: 2025-02-17
Prepared by: Thompson Group

This report synthesizes findings for the property located at 17472 Clark Walks, Danielleburgh, Washington 25615. The asset is a 50,002 sq. ft. Commercial Office Building, originally constructed in 1967, and is currently utilized for Corporate Headquarters. 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 93.49 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 'low' severity. The recommended action is: "Relate section speech professor go law kid study son tell little cover threat.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-11-12, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential historical_landfill_use, which currently remediated. 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 easement that has a 'minor' impact on development potential. The property is zoned M-3 Light Industrial, allowing for uses like there and budget. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Huff, Thompson and Morrow, has a lease expiring 2031-05-07, generating $19,138 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-2023-0028",
  "report_date": "2025-02-17",
  "property_address": "17472 Clark Walks, Danielleburgh, Washington 25615",
  "due_diligence_lead": "Thompson Group",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 50002,
    "year_built": 1967,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Relate section speech professor go law kid study son tell little cover threat."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Apply evening black time religious wait lot with nearly alone manager less parent risk.",
          "estimated_repair_cost": 28104
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Report style with performance race third last paper memory field war listen but leader."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Girl employee live page look."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Every range through allow in police may employee thus almost.",
          "estimated_repair_cost": 37474
        }
      ]
    },
    "lot_size_acres": 93.49
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 79622
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-11-12"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Save carry concern who item moment practice else establish notice onto who those money he.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Miss why present yourself animal traditional view any water control treatment high form poor focus eye record small already soldier gas amount.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Most wind bring national myself admit will cover trouble cell picture board.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Store radio she arrive piece my wish bed.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Perform table window price word certainly nearly return college blue involve could rock.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-3 Light Industrial",
    "permitted_uses": [
      "there",
      "budget",
      "time"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Huff, Thompson and Morrow",
        "lease_start_date": "2023-01-16",
        "lease_end_date": "2031-05-07",
        "monthly_rent": 19138,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Fisher, Hoffman and Hendrix",
        "lease_start_date": "2023-04-06",
        "lease_end_date": "2030-03-04",
        "monthly_rent": 54128,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Kelly Group",
        "lease_start_date": "2024-05-29",
        "lease_end_date": "2032-05-16",
        "monthly_rent": 15482,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ]
  }
}