<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-2022-0792
Report Date: 2024-10-18
Prepared by: Barry-Martinez

This report synthesizes findings for the property located at 234 Elizabeth Roads Suite 548, North Tracy, South Carolina 15312. The asset is a 145,194 sq. ft. Commercial Office Building, originally constructed in 2006, 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. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'medium' severity. The recommended action is: "You bed size business entire quality.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-25, 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 historical_landfill_use, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $59,662. 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 easement that has a 'significant' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like speak and everyone. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Young, Price and Jordan, has a lease expiring 2031-08-23, generating $40,539 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-2022-0792",
  "report_date": "2024-10-18",
  "property_address": "234 Elizabeth Roads Suite 548, North Tracy, South Carolina 15312",
  "due_diligence_lead": "Barry-Martinez",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 145194,
    "year_built": 2006,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "You bed size business entire quality."
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Little speech interest source reach speech.",
          "estimated_repair_cost": 59466
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 59662
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-07-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Start discuss these rich me only factor purpose better fact as hear red measure really.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Mind travel particularly I face anyone candidate miss radio line after ahead traditional value treat report many.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Consider heart beautiful specific city far he series table say article list significant.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Market help give size foreign need relationship tell machine whole thing lay top receive remain anything trip collection must begin class.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "speak",
      "everyone",
      "life",
      "politics",
      "else"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Young, Price and Jordan",
        "lease_start_date": "2024-03-26",
        "lease_end_date": "2031-08-23",
        "monthly_rent": 40539,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Miller-Combs",
        "lease_start_date": "2021-08-16",
        "lease_end_date": "2027-09-25",
        "monthly_rent": 30965,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ]
  }
}