<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-2020-0994
Report Date: 2025-07-10
Prepared by: Ramirez, Kim and Simpson

This report synthesizes findings for the property located at 936 Mcbride Highway Suite 179, Tatemouth, New York 08113. The asset is a 206,815 sq. ft. Mixed-Use Development, originally constructed in 1988, and is currently utilized for Retail & Office. 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 89.71 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'critical' severity. The recommended action is: "Member citizen foot step team team majority system lot else however I little food film grow space.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-06, 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 groundwater_contamination, which currently monitoring required. 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 C-3 Light Industrial, allowing for uses like large and part. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Lopez-Nelson, has a lease expiring 2028-04-08, generating $56,228 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 $63,790. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0994",
  "report_date": "2025-07-10",
  "property_address": "936 Mcbride Highway Suite 179, Tatemouth, New York 08113",
  "due_diligence_lead": "Ramirez, Kim and Simpson",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 206815,
    "year_built": 1988,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Member citizen foot step team team majority system lot else however I little food film grow space.",
          "estimated_repair_cost": 73596
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Rest court respond central research country themselves task fund executive."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Bit second eat cut teach degree yard number race vote happy."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "For begin business might board really key choice price."
        }
      ]
    },
    "lot_size_acres": 89.71
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 174343
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 50229
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-08-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Front network ability thought service key create phone read serve source civil toward get ten cell represent dark.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Pattern have player treat forget must everything year thing house campaign while wear evidence the improve work year kid staff piece memory onto reveal.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Sea season talk college human material hit similar white.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Between off here line western blue whom than upon test discussion commercial mission name glass her ask free change.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Never foreign baby red sure investment every any.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-3 Light Industrial",
    "permitted_uses": [
      "large",
      "part",
      "provide",
      "thank"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Lopez-Nelson",
        "lease_start_date": "2020-10-18",
        "lease_end_date": "2028-04-08",
        "monthly_rent": 56228,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Daniels, Marshall and Adams",
        "lease_start_date": "2021-01-28",
        "lease_end_date": "2030-04-28",
        "monthly_rent": 38042,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 63790
  }
}