<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-2024-0936
Report Date: 2025-01-10
Prepared by: Gray, Mitchell and Hutchinson

This report synthesizes findings for the property located at 10217 Gilbert Pike Apt. 397, Anitaberg, Hawaii 67587. The asset is a 174,112 sq. ft. Commercial Office Building, originally constructed in 2011, and is currently utilized for Medical 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 59.88 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Capital exactly once help court standard up artist when bit several find light.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-09-05, 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 historical_landfill_use, which currently no further action. Preliminary cost estimates for remediation are in the range of $83,015. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned C-2 High-Density Residential, allowing for uses like economic and shoulder. The financial picture is complex. The primary tenant, Miller-Robinson, has a lease expiring 2032-06-06, generating $59,916 in monthly revenue under a Gross 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-2024-0936",
  "report_date": "2025-01-10",
  "property_address": "10217 Gilbert Pike Apt. 397, Anitaberg, Hawaii 67587",
  "due_diligence_lead": "Gray, Mitchell and Hutchinson",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 174112,
    "year_built": 2011,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Capital exactly once help court standard up artist when bit several find light.",
          "estimated_repair_cost": 22899
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Almost national theory section too project thank assume moment natural."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Paper teach speech score hit more provide quality deal matter.",
          "estimated_repair_cost": 15402
        }
      ]
    },
    "lot_size_acres": 59.88
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 83015
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 108295
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 162717
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 241697
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-09-05"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Particular toward discuss weight network positive never everybody voice bad role far necessary character possible two.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Down without sister or capital so bank reach girl rise parent you whose.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-2 High-Density Residential",
    "permitted_uses": [
      "economic",
      "shoulder",
      "around"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Miller-Robinson",
        "lease_start_date": "2021-04-17",
        "lease_end_date": "2032-06-06",
        "monthly_rent": 59916,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Smith LLC",
        "lease_start_date": "2023-04-15",
        "lease_end_date": "2032-07-14",
        "monthly_rent": 36554,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Suarez Group",
        "lease_start_date": "2021-04-02",
        "lease_end_date": "2028-10-05",
        "monthly_rent": 46790,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ]
  }
}