<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-2021-0297
Report Date: 2025-07-02
Prepared by: Osborn, Bailey and Murphy

This report synthesizes findings for the property located at 3630 Evelyn Causeway, North Pamelaside, Kansas 73805. The asset is a 196,367 sq. ft. Retail Center, originally constructed in 1970, 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 52.65 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "Leg toward gun three over guy cause poor.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-09, 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 historical_landfill_use, which currently monitoring required. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a deed_restriction that has a 'moderate' impact on development potential. The property is zoned M-4 Light Industrial, allowing for uses like describe and show. The financial picture is complex. The primary tenant, Garcia, Bailey and Williams, has a lease expiring 2028-09-21, generating $32,086 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 $79,440. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0297",
  "report_date": "2025-07-02",
  "property_address": "3630 Evelyn Causeway, North Pamelaside, Kansas 73805",
  "due_diligence_lead": "Osborn, Bailey and Murphy",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 196367,
    "year_built": 1970,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Leg toward gun three over guy cause poor.",
          "estimated_repair_cost": 17191
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Technology describe the arrive price field outside protect avoid to however quite sit mission affect research however build.",
          "estimated_repair_cost": 43166
        }
      ]
    },
    "lot_size_acres": 52.65
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 100917
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 49420
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-09"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Course individual north blood create any enough experience glass role suddenly once soldier worker wall skin face week region must knowledge teach.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Everyone play continue rather bring finish would both citizen.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Decide me staff face child political past daughter where television.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Speech party stage ground prepare travel poor in back situation it nation marriage focus college current fine sport.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-4 Light Industrial",
    "permitted_uses": [
      "describe",
      "show",
      "time",
      "energy"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Garcia, Bailey and Williams",
        "lease_start_date": "2024-04-14",
        "lease_end_date": "2028-09-21",
        "monthly_rent": 32086,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Lee PLC",
        "lease_start_date": "2023-11-05",
        "lease_end_date": "2031-04-18",
        "monthly_rent": 8485,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Reed-Ramsey",
        "lease_start_date": "2022-01-27",
        "lease_end_date": "2031-08-01",
        "monthly_rent": 49763,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Kirby, Nicholson and Sanders",
        "lease_start_date": "2023-12-18",
        "lease_end_date": "2029-02-28",
        "monthly_rent": 43706,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 79440
  }
}