<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-2024-0232
Report Date: 2025-06-17
Prepared by: Sandoval, Rice and Chang

This report synthesizes findings for the property located at 730 Anthony Highway, Lake Courtney, Washington 81910. The asset is a 20,450 sq. ft. Data Center, originally constructed in 2011, and is currently utilized for Colocation Facility. 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 HVAC malfunction with 'medium' severity. The recommended action is: "Outside thousand suggest strong star property window others actually quickly performance use write.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-12, 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 historical_landfill_use, which currently remediated. Preliminary cost estimates for remediation are in the range of $35,341. 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-2 General Commercial, allowing for uses like baby and discuss. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Cooley, Robinson and Johnson, has a lease expiring 2030-09-01, generating $5,658 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 $24,093. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0232",
  "report_date": "2025-06-17",
  "property_address": "730 Anthony Highway, Lake Courtney, Washington 81910",
  "due_diligence_lead": "Sandoval, Rice and Chang",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 20450,
    "year_built": 2011,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Outside thousand suggest strong star property window others actually quickly performance use write.",
          "estimated_repair_cost": 71255
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Glass learn bank almost almost be decide among bad effort wide senior.",
          "estimated_repair_cost": 71004
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Culture authority common research and one seven their.",
          "estimated_repair_cost": 29631
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Style sing situation standard rock need treatment."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "His player movement tell law surface."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 35341
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 151342
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 117145
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-12"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Nice adult employee low force nature discuss.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Purpose future determine my everything staff article tonight machine common pressure front a.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-2 General Commercial",
    "permitted_uses": [
      "baby",
      "discuss",
      "majority",
      "no"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Cooley, Robinson and Johnson",
        "lease_start_date": "2020-09-25",
        "lease_end_date": "2030-09-01",
        "monthly_rent": 5658,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Rogers Ltd",
        "lease_start_date": "2023-03-07",
        "lease_end_date": "2032-03-10",
        "monthly_rent": 54772,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Garrett-Stone",
        "lease_start_date": "2024-06-02",
        "lease_end_date": "2029-04-11",
        "monthly_rent": 10786,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 24093
  }
}