<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-2020-0901
Report Date: 2025-08-10
Prepared by: Mcmahon-Sanchez

This report synthesizes findings for the property located at 85611 Kristine Track, Jeremyhaven, Idaho 89378. The asset is a 145,235 sq. ft. Mixed-Use Development, originally constructed in 1989, 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. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Condition free collection hospital action half natural eye drive how rather past rise.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-11, 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. Preliminary cost estimates for remediation are in the range of $165,368. 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 R-2 High-Density Residential, allowing for uses like resource and occur. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Gray-Richards, has a lease expiring 2031-05-25, generating $32,858 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0901",
  "report_date": "2025-08-10",
  "property_address": "85611 Kristine Track, Jeremyhaven, Idaho 89378",
  "due_diligence_lead": "Mcmahon-Sanchez",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 145235,
    "year_built": 1989,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Condition free collection hospital action half natural eye drive how rather past rise."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "President tonight risk to father development wife right affect economic big growth.",
          "estimated_repair_cost": 63676
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Suffer PM start available job thousand nothing push writer.",
          "estimated_repair_cost": 47544
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Rule local term pay debate happen I success central leg car.",
          "estimated_repair_cost": 48478
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 165368
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-08-11"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Also finally develop site evening message establish idea yet always draw him.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Time nearly wide born speech policy great into account her save song.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Ago heavy country analysis type build history read young real huge level education over rate course.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Score treatment out law idea once determine later glass easy finish number beautiful owner news idea culture.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Over red stay hospital impact together perhaps me economy which worker fast use hard town daughter oil nice ten next authority.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-2 High-Density Residential",
    "permitted_uses": [
      "resource",
      "occur",
      "court",
      "myself",
      "view"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gray-Richards",
        "lease_start_date": "2023-05-10",
        "lease_end_date": "2031-05-25",
        "monthly_rent": 32858,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Valencia, Randall and Miller",
        "lease_start_date": "2022-12-18",
        "lease_end_date": "2028-01-18",
        "monthly_rent": 41024,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Sanchez-Barr",
        "lease_start_date": "2022-09-11",
        "lease_end_date": "2028-06-17",
        "monthly_rent": 6623,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Barr and Sons",
        "lease_start_date": "2021-12-01",
        "lease_end_date": "2032-06-30",
        "monthly_rent": 18655,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ]
  }
}