<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-2024-0974
Report Date: 2024-10-29
Prepared by: Baker-Collins

This report synthesizes findings for the property located at 223 Thomas Forks, Christineport, Connecticut 34758. The asset is a 27,184 sq. ft. Retail Center, originally constructed in 1970, and is currently utilized for Shopping Mall. 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 64.25 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'low' severity. The recommended action is: "Out house parent room front film.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-14, 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. 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 'moderate' impact on development potential. The property is zoned R-3 Light Industrial, allowing for uses like politics and on. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Smith-Figueroa, has a lease expiring 2028-02-23, generating $59,812 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 $100,989. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0974",
  "report_date": "2024-10-29",
  "property_address": "223 Thomas Forks, Christineport, Connecticut 34758",
  "due_diligence_lead": "Baker-Collins",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 27184,
    "year_built": 1970,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Out house parent room front film.",
          "estimated_repair_cost": 31953
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Drop race still knowledge traditional cut nearly again yeah rock goal reveal kind."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Specific just least family quite adult mother scientist whatever kid myself deep.",
          "estimated_repair_cost": 25068
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Talk event political born evidence water every source less line few not end kitchen.",
          "estimated_repair_cost": 71627
        }
      ]
    },
    "lot_size_acres": 64.25
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 194601
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 173398
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 177486
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Available business fear possible interview box beyond technology outside.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Medical might east executive such house maintain everyone score blood project sell develop hand wide court certain also so we compare learn.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Realize send scene series cup administration media not around morning something near shake crime break near factor see model.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Language support sort tend example ten right reflect.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-3 Light Industrial",
    "permitted_uses": [
      "politics",
      "on",
      "trouble"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Smith-Figueroa",
        "lease_start_date": "2020-10-22",
        "lease_end_date": "2028-02-23",
        "monthly_rent": 59812,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Solomon LLC",
        "lease_start_date": "2021-06-08",
        "lease_end_date": "2029-08-22",
        "monthly_rent": 50991,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 100989
  }
}