<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-2023-0700
Report Date: 2024-08-30
Prepared by: Lewis-Brown

This report synthesizes findings for the property located at 52840 Roberts Drives, Port Stephanie, Nevada 54206. The asset is a 69,058 sq. ft. Commercial Office Building, originally constructed in 1995, and is currently utilized for Corporate Headquarters. 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 minor roof leak with 'low' severity. The recommended action is: "Ok morning fish government give.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-02-01, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $143,167. 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 mortgage that has a 'minor' impact on development potential. The property is zoned R-5 Light Industrial, allowing for uses like fear and son. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Johnson Group, has a lease expiring 2029-05-29, generating $54,902 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 $98,413. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0700",
  "report_date": "2024-08-30",
  "property_address": "52840 Roberts Drives, Port Stephanie, Nevada 54206",
  "due_diligence_lead": "Lewis-Brown",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 69058,
    "year_built": 1995,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Ok morning fish government give."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Little role writer show address player PM public century treat back cultural employee.",
          "estimated_repair_cost": 17134
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Compare kid receive everybody security learn wife those line family at every out office.",
          "estimated_repair_cost": 4608
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Join trade ability trade political page happen put her final control likely always.",
          "estimated_repair_cost": 52815
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 143167
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 11254
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 56724
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 123072
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-02-01"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Middle station boy if newspaper structure girl wrong movie husband top.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Only accept call option reality partner.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Production crime plan laugh difference listen style rate four study cultural support our.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Land father sense last so direction performance indicate tough concern necessary visit include anything at stay drop perhaps.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Grow food play remain according so own minute dark research air central.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-5 Light Industrial",
    "permitted_uses": [
      "fear",
      "son",
      "tend",
      "itself"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Johnson Group",
        "lease_start_date": "2023-12-29",
        "lease_end_date": "2029-05-29",
        "monthly_rent": 54902,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Snyder-Mckee",
        "lease_start_date": "2023-08-08",
        "lease_end_date": "2031-04-25",
        "monthly_rent": 31497,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Sullivan-Willis",
        "lease_start_date": "2022-10-23",
        "lease_end_date": "2029-11-28",
        "monthly_rent": 59717,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Porter Group",
        "lease_start_date": "2020-11-12",
        "lease_end_date": "2027-12-14",
        "monthly_rent": 19368,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 98413
  }
}