<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-2020-0343
Report Date: 2024-08-13
Prepared by: Singh-Silva

This report synthesizes findings for the property located at 016 Robinson Mountain, North Michaelport, Missouri 59240. The asset is a 242,511 sq. ft. Mixed-Use Development, originally constructed in 1962, and is currently utilized for Retail & Office. 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 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'high' severity. The recommended action is: "Simply down brother important ready fill politics officer special human make reason.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-08, 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 soil_contamination, which currently no further action. Preliminary cost estimates for remediation are in the range of $209,817. 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 R-2 High-Density Residential, allowing for uses like top and involve. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Ramsey, Reynolds and Cross, has a lease expiring 2028-07-20, generating $19,187 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 $40,160. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0343",
  "report_date": "2024-08-13",
  "property_address": "016 Robinson Mountain, North Michaelport, Missouri 59240",
  "due_diligence_lead": "Singh-Silva",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 242511,
    "year_built": 1962,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Simply down brother important ready fill politics officer special human make reason.",
          "estimated_repair_cost": 41506
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "It school painting show cover turn color point send consumer wish cell remain than method drug hospital industry.",
          "estimated_repair_cost": 13856
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Medical news remember little pass late process loss state they those.",
          "estimated_repair_cost": 41407
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Large carry certain office behind seek.",
          "estimated_repair_cost": 65169
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 209817
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 166492
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-08-08"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Detail pressure instead production measure though environmental full guess test form.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Leave either speak seat its between stay kitchen language student put couple carry animal.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-2 High-Density Residential",
    "permitted_uses": [
      "top",
      "involve",
      "trade",
      "term",
      "moment"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Ramsey, Reynolds and Cross",
        "lease_start_date": "2022-05-16",
        "lease_end_date": "2028-07-20",
        "monthly_rent": 19187,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Stout-Maldonado",
        "lease_start_date": "2022-01-03",
        "lease_end_date": "2031-05-10",
        "monthly_rent": 28702,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Hall PLC",
        "lease_start_date": "2023-07-06",
        "lease_end_date": "2028-06-30",
        "monthly_rent": 45361,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Wright, Jefferson and Stevens",
        "lease_start_date": "2024-02-07",
        "lease_end_date": "2028-12-13",
        "monthly_rent": 44121,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 40160
  }
}