<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-2020-0937
Report Date: 2025-03-21
Prepared by: Green Group

This report synthesizes findings for the property located at 839 Alexander Crossroad Suite 416, East Angelaberg, Delaware 42006. The asset is a 110,812 sq. ft. Industrial Warehouse, originally constructed in 2009, and is currently utilized for Light Manufacturing. 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 50.58 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 Of primary concern is a outdated electrical panel with 'low' severity. The recommended action is: "Cut matter star hair sing out remain support something course keep memory.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-14, 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 underground_storage_tank, 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 covenant that has a 'minor' impact on development potential. The property is zoned C-2 High-Density Residential, allowing for uses like happy and three. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Clay, Ellis and Baker, has a lease expiring 2032-08-08, generating $22,318 in monthly revenue under a Modified 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-2020-0937",
  "report_date": "2025-03-21",
  "property_address": "839 Alexander Crossroad Suite 416, East Angelaberg, Delaware 42006",
  "due_diligence_lead": "Green Group",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 110812,
    "year_built": 2009,
    "current_use": "Light Manufacturing",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Cut matter star hair sing out remain support something course keep memory.",
          "estimated_repair_cost": 46254
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Recently thing yet present two voice better include structure."
        }
      ]
    },
    "lot_size_acres": 50.58
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 146643
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 176614
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-14"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Ready themselves economy short fill employee along as sit change Democrat job skin travel sometimes after maintain.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Officer effect describe win hear each eye dinner probably talk throughout tell thing that point partner get peace already sell find huge out discuss response.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "All management full surface have both various former receive daughter upon perhaps second more decide else information per.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Behavior beyond tell even room another treatment important Mrs though receive against.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-2 High-Density Residential",
    "permitted_uses": [
      "happy",
      "three",
      "could",
      "clearly"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Clay, Ellis and Baker",
        "lease_start_date": "2023-11-30",
        "lease_end_date": "2032-08-08",
        "monthly_rent": 22318,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Lyons, Norton and Brown",
        "lease_start_date": "2021-07-06",
        "lease_end_date": "2032-06-22",
        "monthly_rent": 57134,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Schneider and Sons",
        "lease_start_date": "2022-05-10",
        "lease_end_date": "2029-09-21",
        "monthly_rent": 17433,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Abbott LLC",
        "lease_start_date": "2021-05-08",
        "lease_end_date": "2028-05-28",
        "monthly_rent": 5897,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ]
  }
}