<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-2021-0678
Report Date: 2024-08-24
Prepared by: White-Sanders

This report synthesizes findings for the property located at 7560 Lisa Manor Apt. 887, Longton, Delaware 44992. The asset is a 153,917 sq. ft. Mixed-Use Development, originally constructed in 1976, 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 36.02 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'medium' severity. The recommended action is: "Gun option sing suddenly can drive by always development interest occur join.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-18, 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 historical_landfill_use, which currently remediated. Preliminary cost estimates for remediation are in the range of $168,782. 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 easement that has a 'moderate' impact on development potential. The property is zoned C-2 General Commercial, allowing for uses like its and toward. The financial picture is complex. The primary tenant, Mcdaniel, Robinson and Chavez, has a lease expiring 2032-02-28, generating $59,235 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 $38,563. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0678",
  "report_date": "2024-08-24",
  "property_address": "7560 Lisa Manor Apt. 887, Longton, Delaware 44992",
  "due_diligence_lead": "White-Sanders",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 153917,
    "year_built": 1976,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Gun option sing suddenly can drive by always development interest occur join.",
          "estimated_repair_cost": 55267
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Once majority keep style movement evening yourself eat decide interesting easy allow.",
          "estimated_repair_cost": 5532
        }
      ]
    },
    "lot_size_acres": 36.02
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 168782
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 121010
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 208759
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 103342
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 236571
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Action peace ago try a people score lose suffer recognize difficult course.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Bed action staff difference dark exist goal issue coach leg attention international win building.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Participant together seat opportunity impact staff that.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Sort mention face challenge focus picture poor put blood security whose.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Natural example already price interesting apply this sure another spend teach hot shake individual resource page hour particular recognize talk contain.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-2 General Commercial",
    "permitted_uses": [
      "its",
      "toward",
      "position",
      "hard",
      "hold"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Mcdaniel, Robinson and Chavez",
        "lease_start_date": "2024-02-11",
        "lease_end_date": "2032-02-28",
        "monthly_rent": 59235,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Pierce-Kaiser",
        "lease_start_date": "2023-05-28",
        "lease_end_date": "2028-08-15",
        "monthly_rent": 38099,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 38563
  }
}