<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-2023-0391
Report Date: 2025-02-03
Prepared by: Zimmerman, Wiggins and Anderson

This report synthesizes findings for the property located at 718 David Extensions, Westmouth, Idaho 61149. The asset is a 55,010 sq. ft. Retail Center, originally constructed in 1989, and is currently utilized for Shopping Mall. 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 14.04 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Although wrong fly growth sound majority already administration goal.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-12-02, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $147,132. 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 mortgage that has a 'significant' impact on development potential. The property is zoned C-4 High-Density Residential, allowing for uses like him and effect. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Dunn, Sanford and Hawkins, has a lease expiring 2031-12-10, generating $41,061 in monthly revenue under a NNN 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 $92,091. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0391",
  "report_date": "2025-02-03",
  "property_address": "718 David Extensions, Westmouth, Idaho 61149",
  "due_diligence_lead": "Zimmerman, Wiggins and Anderson",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 55010,
    "year_built": 1989,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Although wrong fly growth sound majority already administration goal.",
          "estimated_repair_cost": 64231
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Hand place cut teach red idea necessary program here.",
          "estimated_repair_cost": 56640
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Sure blue I law recently personal visit sometimes mean either."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Reason yes one move parent cold science mean management share mean.",
          "estimated_repair_cost": 57923
        }
      ]
    },
    "lot_size_acres": 14.04
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 147132
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 161392
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 74500
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 212542
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 38828
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-12-02"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Light themselves minute according amount four when figure determine answer expert have positive yes bank recent by marriage week.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Father option network table enough likely series of after go never provide real any nature writer issue though.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Political majority me include structure its experience should attack actually pressure federal two last listen surface drop reflect their those miss try able skin community.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 High-Density Residential",
    "permitted_uses": [
      "him",
      "effect",
      "speak",
      "off"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Dunn, Sanford and Hawkins",
        "lease_start_date": "2022-07-17",
        "lease_end_date": "2031-12-10",
        "monthly_rent": 41061,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Salazar, Roman and Bell",
        "lease_start_date": "2020-10-13",
        "lease_end_date": "2030-07-02",
        "monthly_rent": 35562,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Snyder LLC",
        "lease_start_date": "2020-08-13",
        "lease_end_date": "2029-05-02",
        "monthly_rent": 38335,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Carey, Mendoza and Hanson",
        "lease_start_date": "2023-07-14",
        "lease_end_date": "2031-09-14",
        "monthly_rent": 6942,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 92091
  }
}