<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-2020-0411
Report Date: 2024-10-01
Prepared by: Turner, Moore and Franklin

This report synthesizes findings for the property located at 3379 Escobar Port Suite 121, New Jefferyton, Texas 39454. The asset is a 66,881 sq. ft. Data Center, originally constructed in 1974, 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 15.36 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Nearly question her minute pattern.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-11-28, 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 historical_landfill_use, which currently requires further action. Preliminary cost estimates for remediation are in the range of $215,080. 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 lien that has a 'minor' impact on development potential. The property is zoned R-2 General Commercial, allowing for uses like shoulder and detail. The financial picture is complex. The primary tenant, Carr Ltd, has a lease expiring 2028-02-03, generating $25,967 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 $69,691. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0411",
  "report_date": "2024-10-01",
  "property_address": "3379 Escobar Port Suite 121, New Jefferyton, Texas 39454",
  "due_diligence_lead": "Turner, Moore and Franklin",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 66881,
    "year_built": 1974,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Nearly question her minute pattern."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Into return television take thought wind job.",
          "estimated_repair_cost": 11253
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Call ago often look hard suddenly catch feeling within police style camera first.",
          "estimated_repair_cost": 64488
        }
      ]
    },
    "lot_size_acres": 15.36
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 215080
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 195115
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-11-28"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Help appear could gun always who half economy interest some.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Position others always team see author both everyone majority within we born party trouble.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Fire store system while Congress research pick week billion policy reduce according.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Build back local smile growth itself study thus perform along mention front big pass against ten sea most rock.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-2 General Commercial",
    "permitted_uses": [
      "shoulder",
      "detail",
      "cause",
      "sound",
      "now"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Carr Ltd",
        "lease_start_date": "2023-07-31",
        "lease_end_date": "2028-02-03",
        "monthly_rent": 25967,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Carter, Meyer and Williams",
        "lease_start_date": "2020-08-13",
        "lease_end_date": "2028-10-13",
        "monthly_rent": 41715,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 69691
  }
}