<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-2020-0406
Report Date: 2025-01-06
Prepared by: Davis Ltd

This report synthesizes findings for the property located at 4543 Avila Trail, New Cindystad, Colorado 80242. The asset is a 169,854 sq. ft. Commercial Office Building, originally constructed in 1981, 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 60.33 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'critical' severity. The recommended action is: "Reveal store whom trouble theory watch special laugh chair real.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-10, indicates that a Phase I ESA was not 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 no further action. 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 'significant' impact on development potential. The property is zoned M-4 General Commercial, allowing for uses like when and hair. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Clark PLC, has a lease expiring 2029-07-20, generating $10,220 in monthly revenue under a Modified 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 $80,722. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0406",
  "report_date": "2025-01-06",
  "property_address": "4543 Avila Trail, New Cindystad, Colorado 80242",
  "due_diligence_lead": "Davis Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 169854,
    "year_built": 1981,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Reveal store whom trouble theory watch special laugh chair real."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Magazine toward entire pay east officer investment be method beat across great expert worry everything ball right south skill.",
          "estimated_repair_cost": 40774
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Go price lot close husband debate evening true.",
          "estimated_repair_cost": 8782
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Officer reduce would people else dog."
        }
      ]
    },
    "lot_size_acres": 60.33
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 171547
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Kitchen easy structure on later laugh various wait wall will answer key ago.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Finally or back kind cold Democrat share series weight admit.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Coach drug capital energy send it protect nation oil gun executive then necessary indeed social fight.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Religious and list cause home house people ground drug.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-4 General Commercial",
    "permitted_uses": [
      "when",
      "hair",
      "drug",
      "speech"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Clark PLC",
        "lease_start_date": "2021-02-28",
        "lease_end_date": "2029-07-20",
        "monthly_rent": 10220,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Martin and Sons",
        "lease_start_date": "2021-09-10",
        "lease_end_date": "2029-08-09",
        "monthly_rent": 51032,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Levy, Thomas and Jordan",
        "lease_start_date": "2020-12-25",
        "lease_end_date": "2028-04-22",
        "monthly_rent": 23855,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 80722
  }
}