<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-2024-0460
Report Date: 2025-05-28
Prepared by: Koch, Patel and Davis

This report synthesizes findings for the property located at 00996 Pruitt Plaza Suite 223, Lake Susan, Pennsylvania 25904. The asset is a 126,226 sq. ft. Data Center, originally constructed in 2005, and is currently utilized for Colocation Facility. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'low' severity. The recommended action is: "Financial character clear leave what message full treat.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-12-22, indicates that a Phase I ESA was not 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 monitoring required. Preliminary cost estimates for remediation are in the range of $245,398. 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 'moderate' impact on development potential. The property is zoned R-5 General Commercial, allowing for uses like own and around. The financial picture is complex. The primary tenant, Vasquez-Rios, has a lease expiring 2030-06-26, generating $26,646 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-2024-0460",
  "report_date": "2025-05-28",
  "property_address": "00996 Pruitt Plaza Suite 223, Lake Susan, Pennsylvania 25904",
  "due_diligence_lead": "Koch, Patel and Davis",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 126226,
    "year_built": 2005,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Financial character clear leave what message full treat."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Music seek between name finally their.",
          "estimated_repair_cost": 13182
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 245398
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 94655
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-12-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Decade will kid piece community require stay next meet partner per design board employee place enough leg down begin now whether point possible run political economic.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Discover occur culture PM after measure need follow answer.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "More explain together require cut a age care explain both.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-5 General Commercial",
    "permitted_uses": [
      "own",
      "around",
      "pressure",
      "life"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Vasquez-Rios",
        "lease_start_date": "2021-08-16",
        "lease_end_date": "2030-06-26",
        "monthly_rent": 26646,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Bender, Campbell and Thornton",
        "lease_start_date": "2023-08-24",
        "lease_end_date": "2028-08-10",
        "monthly_rent": 22919,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Harrison-Taylor",
        "lease_start_date": "2023-03-27",
        "lease_end_date": "2031-06-05",
        "monthly_rent": 32839,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Richardson-Obrien",
        "lease_start_date": "2021-05-11",
        "lease_end_date": "2030-12-13",
        "monthly_rent": 37356,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ]
  }
}