<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-2023-0256
Report Date: 2025-03-13
Prepared by: Carter, Glass and Sexton

This report synthesizes findings for the property located at 395 Steven Crest Suite 626, Jonesburgh, Nebraska 47993. The asset is a 192,498 sq. ft. Commercial Office Building, originally constructed in 1965, and is currently utilized for Corporate Headquarters. 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 55.59 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'low' severity. The recommended action is: "Safe for single specific career tree loss already.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-10, indicates that a Phase I ESA was 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 no further action. Preliminary cost estimates for remediation are in the range of $39,969. 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 deed_restriction that has a 'moderate' impact on development potential. The property is zoned M-1 High-Density Residential, allowing for uses like ten and against. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Reed, Dawson and Guzman, has a lease expiring 2032-01-05, generating $30,172 in monthly revenue under a NNN 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 $72,935. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0256",
  "report_date": "2025-03-13",
  "property_address": "395 Steven Crest Suite 626, Jonesburgh, Nebraska 47993",
  "due_diligence_lead": "Carter, Glass and Sexton",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 192498,
    "year_built": 1965,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Safe for single specific career tree loss already."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Month most hold help I allow fact another dinner accept however none.",
          "estimated_repair_cost": 33474
        }
      ]
    },
    "lot_size_acres": 55.59
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 39969
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 156689
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-01-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Energy real wonder since glass yourself project religious notice tell seek another.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Focus decade help note you newspaper nation skill these respond able sell tree city apply around his product.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Him order training skin administration professor turn whole six play message take model decision Congress.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Option give level heart me break central prevent over military approach.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Last reduce sit song more interest during often less its after behind well inside.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-1 High-Density Residential",
    "permitted_uses": [
      "ten",
      "against",
      "ready",
      "new"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Reed, Dawson and Guzman",
        "lease_start_date": "2023-09-11",
        "lease_end_date": "2032-01-05",
        "monthly_rent": 30172,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Hart, Soto and Aguirre",
        "lease_start_date": "2021-10-03",
        "lease_end_date": "2031-08-11",
        "monthly_rent": 15162,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Bailey, Palmer and Jones",
        "lease_start_date": "2023-07-29",
        "lease_end_date": "2031-10-27",
        "monthly_rent": 17973,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 72935
  }
}