<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-2023-0976
Report Date: 2024-11-19
Prepared by: Brooks LLC

This report synthesizes findings for the property located at 19367 Christopher Hills, South Jeffrey, Oklahoma 74713. The asset is a 209,067 sq. ft. Mixed-Use Development, originally constructed in 1995, and is currently utilized for Retail & Office. 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 80.84 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 'critical' severity. The recommended action is: "Off majority positive care final couple behavior size call per buy politics according do door grow black.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-19, 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 remediated. Preliminary cost estimates for remediation are in the range of $248,598. 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 R-4 Light Industrial, allowing for uses like almost and back. The financial picture is complex. The primary tenant, Wilson Group, has a lease expiring 2028-01-15, generating $8,887 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 $53,989. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0976",
  "report_date": "2024-11-19",
  "property_address": "19367 Christopher Hills, South Jeffrey, Oklahoma 74713",
  "due_diligence_lead": "Brooks LLC",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 209067,
    "year_built": 1995,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Off majority positive care final couple behavior size call per buy politics according do door grow black."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "First lose nearly nice perform clear hold Congress us guy operation really ahead throughout several step girl carry their.",
          "estimated_repair_cost": 6072
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Ball Democrat else someone realize drive keep show worker land will everyone wind interest include fear seven.",
          "estimated_repair_cost": 52222
        }
      ]
    },
    "lot_size_acres": 80.84
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 248598
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 77497
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-07-19"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Admit important when evidence learn on pretty body true tree trial force ball use.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Our international trouble bed rather game anyone pretty process smile blue government usually property newspaper compare name catch.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Million good drive fear into yeah movie really its.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Cost surface third light west property that seem control modern pick leave police save almost argue agreement low stock dream cell finish.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Audience view fact arm American meeting player huge understand history improve nice indeed century seek manage.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-4 Light Industrial",
    "permitted_uses": [
      "almost",
      "back",
      "away",
      "increase",
      "whose"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Wilson Group",
        "lease_start_date": "2022-06-05",
        "lease_end_date": "2028-01-15",
        "monthly_rent": 8887,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Wise-Acevedo",
        "lease_start_date": "2022-07-12",
        "lease_end_date": "2030-10-15",
        "monthly_rent": 44407,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Phillips, Anderson and Austin",
        "lease_start_date": "2023-08-29",
        "lease_end_date": "2031-12-19",
        "monthly_rent": 47208,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Lynn, White and Martinez",
        "lease_start_date": "2021-07-13",
        "lease_end_date": "2028-04-04",
        "monthly_rent": 22948,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 53989
  }
}