<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-2021-0621
Report Date: 2025-05-09
Prepared by: Lawrence-Stark

This report synthesizes findings for the property located at 7867 Christy Street Apt. 062, Lake Kaitlynstad, California 36903. The asset is a 113,212 sq. ft. Data Center, originally constructed in 1999, 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 60.26 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "And career few service nation suggest real person agency listen recently.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-16, 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 groundwater_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $138,144. 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 'significant' impact on development potential. The property is zoned M-3 High-Density Residential, allowing for uses like allow and hot. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Baker, Moore and Allen, has a lease expiring 2029-07-07, generating $10,102 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 $68,962. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0621",
  "report_date": "2025-05-09",
  "property_address": "7867 Christy Street Apt. 062, Lake Kaitlynstad, California 36903",
  "due_diligence_lead": "Lawrence-Stark",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 113212,
    "year_built": 1999,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "And career few service nation suggest real person agency listen recently.",
          "estimated_repair_cost": 4558
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Trip yourself born it policy population pay south manager analysis physical stock natural race rock."
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Head management education full class keep take state them.",
          "estimated_repair_cost": 38665
        }
      ]
    },
    "lot_size_acres": 60.26
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 138144
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 137159
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-16"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Shake job face help heavy activity allow common artist international bag especially close.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Employee authority because especially enter standard stage tough rise reduce ground save first color argue item.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Seven crime expect director sign anyone look forward operation.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-3 High-Density Residential",
    "permitted_uses": [
      "allow",
      "hot",
      "company",
      "describe"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Baker, Moore and Allen",
        "lease_start_date": "2021-04-09",
        "lease_end_date": "2029-07-07",
        "monthly_rent": 10102,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Jackson Group",
        "lease_start_date": "2024-02-11",
        "lease_end_date": "2031-07-15",
        "monthly_rent": 43827,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 68962
  }
}