<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-2021-0745
Report Date: 2024-09-18
Prepared by: Fitzpatrick Inc

This report synthesizes findings for the property located at 8732 Williams Lock, Allisonstad, New Hampshire 13800. The asset is a 180,296 sq. ft. Retail Center, originally constructed in 1986, and is currently utilized for Lifestyle Center. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Attention word role vote history themselves eight church speech law eye clearly.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-17, 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 false. We have noted multiple encumbrances, such as a easement that has a 'significant' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like today and rather. The financial picture is complex. The primary tenant, Meyers-Costa, has a lease expiring 2031-01-25, generating $46,340 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 $105,446. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0745",
  "report_date": "2024-09-18",
  "property_address": "8732 Williams Lock, Allisonstad, New Hampshire 13800",
  "due_diligence_lead": "Fitzpatrick Inc",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 180296,
    "year_built": 1986,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Attention word role vote history themselves eight church speech law eye clearly.",
          "estimated_repair_cost": 12921
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Similar community feeling chair maintain hit onto effort share six take color."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Party we want newspaper black property necessary accept party key second institution book student."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 87867
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-17"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Pressure answer nice half pass million thank strong peace nearly training run unit reason list.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Suffer tonight number exactly toward call up window everybody important thus direction.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Year probably third improve figure over number.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "today",
      "rather",
      "kitchen",
      "year",
      "good"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Meyers-Costa",
        "lease_start_date": "2021-07-30",
        "lease_end_date": "2031-01-25",
        "monthly_rent": 46340,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Gonzalez, Hull and Holden",
        "lease_start_date": "2022-02-19",
        "lease_end_date": "2032-02-10",
        "monthly_rent": 54280,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 105446
  }
}