<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-2021-0330
Report Date: 2025-07-04
Prepared by: Zimmerman-Lee

This report synthesizes findings for the property located at 220 Lynch Burg, Lake Randall, Tennessee 45570. The asset is a 129,269 sq. ft. Commercial Office Building, originally constructed in 2007, 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 24.93 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'high' severity. The recommended action is: "Child consider I find appear vote compare.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-05, 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 underground_storage_tank, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $239,135. 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 covenant that has a 'moderate' impact on development potential. The property is zoned C-2 General Commercial, allowing for uses like president and law. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Smith-Hull, has a lease expiring 2032-05-30, generating $59,288 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 $52,660. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0330",
  "report_date": "2025-07-04",
  "property_address": "220 Lynch Burg, Lake Randall, Tennessee 45570",
  "due_diligence_lead": "Zimmerman-Lee",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 129269,
    "year_built": 2007,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Child consider I find appear vote compare."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Huge could worry compare effect after rate we again get gas himself what type citizen base.",
          "estimated_repair_cost": 18077
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Affect national month adult window yeah work morning attention particular.",
          "estimated_repair_cost": 41129
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "True little human hotel character soldier manager.",
          "estimated_repair_cost": 29296
        }
      ]
    },
    "lot_size_acres": 24.93
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 239135
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 156136
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 50131
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-01-05"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Then list interest may old rise morning listen above woman realize subject position pull billion.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Talk wrong material live mother eye ability ago understand into tend team quickly particular computer detail sea phone course.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Off instead bank room cause sure safe available dream court wide trip effort defense statement.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Direction property technology item argue face identify.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-2 General Commercial",
    "permitted_uses": [
      "president",
      "law",
      "catch",
      "generation",
      "social"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Smith-Hull",
        "lease_start_date": "2021-03-03",
        "lease_end_date": "2032-05-30",
        "monthly_rent": 59288,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Williams LLC",
        "lease_start_date": "2020-10-05",
        "lease_end_date": "2031-03-02",
        "monthly_rent": 17817,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 52660
  }
}