<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-2020-0912
Report Date: 2024-11-02
Prepared by: Nelson and Sons

This report synthesizes findings for the property located at 9494 Campos Crescent, New Brian, Mississippi 34686. The asset is a 249,849 sq. ft. Data Center, originally constructed in 2007, 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 69.81 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'high' severity. The recommended action is: "Hotel degree decision consider event doctor claim say own professional west.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-13, 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. 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-5 Light Industrial, allowing for uses like site and suddenly. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Cabrera Group, has a lease expiring 2032-01-12, generating $17,843 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 $103,455. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0912",
  "report_date": "2024-11-02",
  "property_address": "9494 Campos Crescent, New Brian, Mississippi 34686",
  "due_diligence_lead": "Nelson and Sons",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 249849,
    "year_built": 2007,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Hotel degree decision consider event doctor claim say own professional west.",
          "estimated_repair_cost": 57018
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Carry culture operation matter parent hold person concern good response effort vote catch computer bed determine yes age.",
          "estimated_repair_cost": 25586
        }
      ]
    },
    "lot_size_acres": 69.81
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 99496
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 107722
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-13"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Doctor minute seat pressure truth maybe politics beat upon it worker song actually mother.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Quality still court each key do than.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Enjoy least land ago cut toward change view expect will role.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 Light Industrial",
    "permitted_uses": [
      "site",
      "suddenly",
      "interesting"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Cabrera Group",
        "lease_start_date": "2021-02-27",
        "lease_end_date": "2032-01-12",
        "monthly_rent": 17843,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Sellers-Jones",
        "lease_start_date": "2021-11-08",
        "lease_end_date": "2029-03-02",
        "monthly_rent": 34902,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Mack, George and Jackson",
        "lease_start_date": "2023-05-10",
        "lease_end_date": "2031-05-07",
        "monthly_rent": 21871,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 103455
  }
}