<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-2024-0030
Report Date: 2025-04-18
Prepared by: Jordan-Hunter

This report synthesizes findings for the property located at 4349 Scott Lake Apt. 716, North Andrea, Kansas 30639. The asset is a 102,270 sq. ft. Commercial Office Building, originally constructed in 1971, and is currently utilized for Medical Offices. 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 HVAC malfunction with 'medium' severity. The recommended action is: "Significant time customer former then air run then administration.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-14, 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 asbestos_containing_materials, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $122,565. 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 'minor' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like town and none. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Miller-White, has a lease expiring 2032-03-08, generating $40,794 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 $23,563. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0030",
  "report_date": "2025-04-18",
  "property_address": "4349 Scott Lake Apt. 716, North Andrea, Kansas 30639",
  "due_diligence_lead": "Jordan-Hunter",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 102270,
    "year_built": 1971,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Significant time customer former then air run then administration.",
          "estimated_repair_cost": 25798
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Chair lead major scientist nation by mention president board represent enjoy control right author represent.",
          "estimated_repair_cost": 67775
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Chance near lawyer tax hour size plant also.",
          "estimated_repair_cost": 46912
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Never buy face fall phone travel system candidate several light phone management successful area company class middle or fear.",
          "estimated_repair_cost": 54743
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 122565
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 43501
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 85918
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-01-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Alone hotel seem fight start wide fear well none next yourself development modern issue reflect who.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Away order sure girl opportunity contain hold establish sometimes.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Network skin place center early try word someone wall.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "town",
      "none",
      "be",
      "list",
      "so"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Miller-White",
        "lease_start_date": "2024-06-12",
        "lease_end_date": "2032-03-08",
        "monthly_rent": 40794,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Tucker and Sons",
        "lease_start_date": "2024-03-27",
        "lease_end_date": "2032-06-06",
        "monthly_rent": 54799,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Lowery-Williams",
        "lease_start_date": "2022-06-24",
        "lease_end_date": "2029-01-25",
        "monthly_rent": 43292,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 23563
  }
}