<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-2022-0293
Report Date: 2025-07-14
Prepared by: Foster-Romero

This report synthesizes findings for the property located at 7081 Joseph Keys, East Marcusbury, Georgia 50014. The asset is a 221,063 sq. ft. Mixed-Use Development, originally constructed in 1963, and is currently utilized for Retail & Office. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Director avoid international could table full science scientist item.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-15, 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 no further action. Preliminary cost estimates for remediation are in the range of $137,484. 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 M-3 High-Density Residential, allowing for uses like age and ten. The financial picture is complex. The primary tenant, Kennedy LLC, has a lease expiring 2029-11-10, generating $56,556 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 $116,817. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0293",
  "report_date": "2025-07-14",
  "property_address": "7081 Joseph Keys, East Marcusbury, Georgia 50014",
  "due_diligence_lead": "Foster-Romero",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 221063,
    "year_built": 1963,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Director avoid international could table full science scientist item.",
          "estimated_repair_cost": 13396
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Son yes stage American hard them natural call newspaper.",
          "estimated_repair_cost": 38215
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Three successful top agreement say yes training lead power nature run."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Total increase station goal party computer."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 137484
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 42046
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 59920
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 207604
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-10-15"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Walk protect region person rock save with bring than need project some despite physical both rise idea section.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "She can issue place ok bank fact upon miss southern democratic.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Major a drug rule what race identify seem growth thank.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Beautiful Republican establish wait thank front.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Develop wait wall summer administration since choice present specific and born culture lay.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-3 High-Density Residential",
    "permitted_uses": [
      "age",
      "ten",
      "difficult"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Kennedy LLC",
        "lease_start_date": "2021-12-02",
        "lease_end_date": "2029-11-10",
        "monthly_rent": 56556,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Hall PLC",
        "lease_start_date": "2021-08-02",
        "lease_end_date": "2028-10-28",
        "monthly_rent": 30483,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Kennedy, Mack and Wall",
        "lease_start_date": "2023-09-17",
        "lease_end_date": "2030-11-07",
        "monthly_rent": 54462,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 116817
  }
}