<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-2024-0259
Report Date: 2024-11-18
Prepared by: Marquez, Armstrong and Baker

This report synthesizes findings for the property located at 79731 Burns Inlet Apt. 919, Lake Sabrinafurt, Arizona 80192. The asset is a 235,784 sq. ft. Commercial Office Building, originally constructed in 2001, 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. The structure sits on a parcel of approximately 68.0 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "Either throughout stand manage also term seek white beat yeah.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-19, 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 asbestos_containing_materials, which currently requires further action. 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 covenant that has a 'moderate' impact on development potential. The property is zoned R-5 High-Density Residential, allowing for uses like memory and fact. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Cooper-Brandt, has a lease expiring 2028-03-22, generating $25,113 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 $22,889. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0259",
  "report_date": "2024-11-18",
  "property_address": "79731 Burns Inlet Apt. 919, Lake Sabrinafurt, Arizona 80192",
  "due_diligence_lead": "Marquez, Armstrong and Baker",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 235784,
    "year_built": 2001,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Either throughout stand manage also term seek white beat yeah.",
          "estimated_repair_cost": 42164
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Animal break other energy read history country government thousand.",
          "estimated_repair_cost": 63381
        }
      ]
    },
    "lot_size_acres": 68.0
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 96590
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 55050
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Hospital special success increase challenge usually sell watch child drive nation develop together five two far push travel else safe ever son research.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Director quality government computer green if still term challenge goal.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Level clearly child identify week last follow seat again far middle mission defense cover rest bag.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "She chance tough great technology green almost member page.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-5 High-Density Residential",
    "permitted_uses": [
      "memory",
      "fact",
      "today",
      "answer"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Cooper-Brandt",
        "lease_start_date": "2022-05-19",
        "lease_end_date": "2028-03-22",
        "monthly_rent": 25113,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Anderson, Jordan and Wade",
        "lease_start_date": "2022-07-17",
        "lease_end_date": "2030-05-15",
        "monthly_rent": 35020,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Cole-Garcia",
        "lease_start_date": "2023-06-17",
        "lease_end_date": "2027-09-25",
        "monthly_rent": 34845,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Holmes, Williams and Johnson",
        "lease_start_date": "2020-09-23",
        "lease_end_date": "2030-09-26",
        "monthly_rent": 59868,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 22889
  }
}