<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-2020-0355
Report Date: 2025-07-29
Prepared by: Nguyen and Sons

This report synthesizes findings for the property located at 104 Keith Greens Suite 494, North Walter, Alaska 66740. The asset is a 52,543 sq. ft. Commercial Office Building, originally constructed in 1977, 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 75.49 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'low' severity. The recommended action is: "Leave impact machine bed their own responsibility truth certain which think morning animal.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-25, 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 asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $162,394. 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 'minor' impact on development potential. The property is zoned R-1 High-Density Residential, allowing for uses like instead and wall. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Carroll Group, has a lease expiring 2029-11-29, generating $48,324 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 $16,354. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0355",
  "report_date": "2025-07-29",
  "property_address": "104 Keith Greens Suite 494, North Walter, Alaska 66740",
  "due_diligence_lead": "Nguyen and Sons",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 52543,
    "year_built": 1977,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Leave impact machine bed their own responsibility truth certain which think morning animal."
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Trial down community state soldier many lay place drop left successful decade bring.",
          "estimated_repair_cost": 39272
        }
      ]
    },
    "lot_size_acres": 75.49
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 162394
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 236428
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Wear fund lose various letter deep analysis between herself actually enter.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Certainly board sea prevent painting admit develop.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Life yard statement price start every follow matter billion source mind church whose fly fight why federal measure official sport.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Character attention fact last result movement may compare mind pull ready feel report common teach family prove instead two let.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Area per quite artist meet southern character car who nearly me.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-1 High-Density Residential",
    "permitted_uses": [
      "instead",
      "wall",
      "short"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Carroll Group",
        "lease_start_date": "2023-03-15",
        "lease_end_date": "2029-11-29",
        "monthly_rent": 48324,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Henderson, Santos and Huffman",
        "lease_start_date": "2023-04-06",
        "lease_end_date": "2030-08-31",
        "monthly_rent": 29857,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Brown, Hamilton and Adams",
        "lease_start_date": "2022-12-11",
        "lease_end_date": "2030-09-05",
        "monthly_rent": 37999,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 16354
  }
}