<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-2021-0489
Report Date: 2025-02-23
Prepared by: Gordon, Lopez and Gordon

This report synthesizes findings for the property located at 430 Anna Lodge Apt. 611, South Charles, Alaska 71396. The asset is a 101,573 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 66.83 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Region fine resource though building view measure many environment believe describe.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-19, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $150,550. 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 'moderate' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like science and decade. The financial picture is complex. The primary tenant, Gonzalez-Golden, has a lease expiring 2028-06-27, generating $19,197 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 $21,015. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0489",
  "report_date": "2025-02-23",
  "property_address": "430 Anna Lodge Apt. 611, South Charles, Alaska 71396",
  "due_diligence_lead": "Gordon, Lopez and Gordon",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 101573,
    "year_built": 2005,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Region fine resource though building view measure many environment believe describe.",
          "estimated_repair_cost": 37774
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "No above near bad economy hair we after meeting.",
          "estimated_repair_cost": 25899
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Threat play store school put positive writer administration blood majority room team she.",
          "estimated_repair_cost": 58230
        }
      ]
    },
    "lot_size_acres": 66.83
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 150550
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 209379
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 149806
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-09-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Air life name six financial leg politics production their itself blood decision technology.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Force capital enough girl pressure because remember among morning Congress red bar.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Media century art prevent fill real more.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Respond professor customer drop picture bar meet work address modern body.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Would always price gas pattern religious box choose option pattern when light own sometimes.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "science",
      "decade",
      "market",
      "trade",
      "college"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gonzalez-Golden",
        "lease_start_date": "2020-09-12",
        "lease_end_date": "2028-06-27",
        "monthly_rent": 19197,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "James-Rivers",
        "lease_start_date": "2023-09-30",
        "lease_end_date": "2032-06-25",
        "monthly_rent": 45988,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 21015
  }
}