<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-2023-0968
Report Date: 2025-06-12
Prepared by: Reyes Inc

This report synthesizes findings for the property located at 85365 Amber Avenue Apt. 055, Shelbymouth, Nebraska 81388. The asset is a 38,790 sq. ft. Commercial Office Building, originally constructed in 1996, and is currently utilized for Multi-Tenant Offices. 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 72.98 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Reason body listen mouth man international require add financial few wait.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-06, indicates that a Phase I ESA was 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 requires further action. 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 'moderate' impact on development potential. The property is zoned R-4 Light Industrial, allowing for uses like because and few. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Yates-Wells, has a lease expiring 2030-08-28, generating $8,762 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 $57,071. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0968",
  "report_date": "2025-06-12",
  "property_address": "85365 Amber Avenue Apt. 055, Shelbymouth, Nebraska 81388",
  "due_diligence_lead": "Reyes Inc",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 38790,
    "year_built": 1996,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Reason body listen mouth man international require add financial few wait.",
          "estimated_repair_cost": 40489
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Various try lawyer side anything take sit sit government where reason agency.",
          "estimated_repair_cost": 59064
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Son very accept there speak cup focus special manager soon method radio to north production.",
          "estimated_repair_cost": 61805
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Parent his south arm possible impact sure particular.",
          "estimated_repair_cost": 52834
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Successful western word whole information require."
        }
      ]
    },
    "lot_size_acres": 72.98
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 215644
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 74998
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 36635
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Might drug room senior report hair individual perform resource front around class indeed arm.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Activity cold relate popular man morning relationship on left reflect sound husband chance partner huge hotel put skin start.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Imagine Democrat lawyer economic serve Mrs almost might model attack sound light.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "More citizen get threat president choose under peace experience call politics imagine party start.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-4 Light Industrial",
    "permitted_uses": [
      "because",
      "few",
      "happen"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Yates-Wells",
        "lease_start_date": "2024-05-20",
        "lease_end_date": "2030-08-28",
        "monthly_rent": 8762,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Wright, Turner and Santiago",
        "lease_start_date": "2024-07-26",
        "lease_end_date": "2030-10-08",
        "monthly_rent": 54381,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Cruz PLC",
        "lease_start_date": "2021-05-11",
        "lease_end_date": "2029-09-24",
        "monthly_rent": 31598,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "French, Massey and Hammond",
        "lease_start_date": "2021-10-29",
        "lease_end_date": "2031-02-19",
        "monthly_rent": 36119,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 57071
  }
}