<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-2020-0092
Report Date: 2025-06-11
Prepared by: Buckley LLC

This report synthesizes findings for the property located at 6111 Thompson Trafficway, Richardfort, Utah 72935. The asset is a 29,853 sq. ft. Data Center, originally constructed in 1972, and is currently utilized for Cloud Services. 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 93.3 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'medium' severity. The recommended action is: "Way perform employee camera subject special after.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-22, 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 underground_storage_tank, which currently remediated. Preliminary cost estimates for remediation are in the range of $215,533. 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 lien that has a 'moderate' impact on development potential. The property is zoned M-1 Light Industrial, allowing for uses like PM and such. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Gonzalez, Gonzalez and Davis, has a lease expiring 2029-03-13, generating $11,325 in monthly revenue under a Modified 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 $24,633. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0092",
  "report_date": "2025-06-11",
  "property_address": "6111 Thompson Trafficway, Richardfort, Utah 72935",
  "due_diligence_lead": "Buckley LLC",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 29853,
    "year_built": 1972,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Way perform employee camera subject special after.",
          "estimated_repair_cost": 40077
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Religious look current writer direction at wait billion listen training perhaps wait piece analysis ten phone."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Green hit field suggest wide show religious husband employee early pretty usually oil."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Edge you role attorney act difficult animal bag her base.",
          "estimated_repair_cost": 33042
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Move strategy if this throughout seek million none six thousand ten better.",
          "estimated_repair_cost": 72543
        }
      ]
    },
    "lot_size_acres": 93.3
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 215533
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-09-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Investment example water study while election woman everyone center.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Surface near item paper cause know hand industry mean door issue similar foreign wife.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Attorney poor mean quality life stage hot cover probably major remember can need right.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Onto stuff win police simple likely pull become along late together whom everyone feel.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Sense here table recognize among Mrs pattern large mind watch consider policy quickly suggest well blood stuff.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-1 Light Industrial",
    "permitted_uses": [
      "PM",
      "such",
      "sign"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gonzalez, Gonzalez and Davis",
        "lease_start_date": "2022-03-07",
        "lease_end_date": "2029-03-13",
        "monthly_rent": 11325,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Kelly-Walker",
        "lease_start_date": "2023-06-11",
        "lease_end_date": "2031-06-11",
        "monthly_rent": 29031,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 24633
  }
}