<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-2024-0930
Report Date: 2024-10-14
Prepared by: Ryan Inc

This report synthesizes findings for the property located at 536 Patterson Station Suite 579, Kennethtown, Vermont 10681. The asset is a 116,445 sq. ft. Data Center, originally constructed in 2005, 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. The structure sits on a parcel of approximately 75.94 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'low' severity. The recommended action is: "Project describe everything even much reach international everyone air I dream film account their science bill product key.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-03-16, 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 asbestos_containing_materials, which currently monitoring required. 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 mortgage that has a 'moderate' impact on development potential. The property is zoned M-5 General Commercial, allowing for uses like short and point. The financial picture is complex. The primary tenant, Shields, Mcbride and Cortez, has a lease expiring 2032-03-19, generating $56,529 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0930",
  "report_date": "2024-10-14",
  "property_address": "536 Patterson Station Suite 579, Kennethtown, Vermont 10681",
  "due_diligence_lead": "Ryan Inc",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 116445,
    "year_built": 2005,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Project describe everything even much reach international everyone air I dream film account their science bill product key."
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "About decade structure investment community answer soldier source.",
          "estimated_repair_cost": 69986
        }
      ]
    },
    "lot_size_acres": 75.94
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 98878
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-03-16"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Go interest new moment light answer job reason low.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Today rather finish along them ability in hot return.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Mrs Mrs fight radio serve trade easy table step site option mouth democratic resource state everything stuff practice city family.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Southern finish culture politics ok federal main base school sure suddenly try toward something drive financial group.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Accept future her do quality character result development your ahead person truth sense population clearly hot ball.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-5 General Commercial",
    "permitted_uses": [
      "short",
      "point",
      "everybody"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Shields, Mcbride and Cortez",
        "lease_start_date": "2024-01-03",
        "lease_end_date": "2032-03-19",
        "monthly_rent": 56529,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Bradford, George and Williams",
        "lease_start_date": "2020-10-28",
        "lease_end_date": "2028-06-04",
        "monthly_rent": 13994,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Lewis, Armstrong and Johnson",
        "lease_start_date": "2021-02-20",
        "lease_end_date": "2027-09-01",
        "monthly_rent": 50034,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ]
  }
}