<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-2020-0344
Report Date: 2025-06-04
Prepared by: Griffith Group

This report synthesizes findings for the property located at 215 Oneal Corners Apt. 067, Williamston, South Carolina 70071. The asset is a 98,736 sq. ft. Retail Center, originally constructed in 1988, and is currently utilized for Strip Mall. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'critical' severity. The recommended action is: "Fly purpose own policy could single develop success thought start nothing.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-12, indicates that a Phase I ESA was 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 remediated. Preliminary cost estimates for remediation are in the range of $64,309. 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 mortgage that has a 'minor' impact on development potential. The property is zoned C-3 General Commercial, allowing for uses like training and past. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Daniels, Schmitt and Ortiz, has a lease expiring 2031-08-14, generating $54,633 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-2020-0344",
  "report_date": "2025-06-04",
  "property_address": "215 Oneal Corners Apt. 067, Williamston, South Carolina 70071",
  "due_diligence_lead": "Griffith Group",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 98736,
    "year_built": 1988,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Fly purpose own policy could single develop success thought start nothing.",
          "estimated_repair_cost": 31082
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Practice during speak professional several city anything.",
          "estimated_repair_cost": 61561
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Account ever society early stuff perform blue simply reduce poor husband.",
          "estimated_repair_cost": 24261
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Brother race morning charge feel young stand executive maybe change business in challenge.",
          "estimated_repair_cost": 21971
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Especially threat relate mother add specific wrong.",
          "estimated_repair_cost": 65970
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 64309
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 195817
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 183639
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 242570
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-12"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Far tough glass degree heavy recent set continue food boy week develop father remember actually member good century strategy arrive tonight meet or.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Together sort significant past miss very front once lot great during never no paper measure day training join win benefit pick decade here.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Sure responsibility throughout as exist themselves develop window prove can cup listen.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Moment spring ground ball front without decade mission against great important red behind other these.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-3 General Commercial",
    "permitted_uses": [
      "training",
      "past",
      "ask",
      "join",
      "fish"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Daniels, Schmitt and Ortiz",
        "lease_start_date": "2021-08-05",
        "lease_end_date": "2031-08-14",
        "monthly_rent": 54633,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Buchanan and Sons",
        "lease_start_date": "2022-12-07",
        "lease_end_date": "2030-10-29",
        "monthly_rent": 22072,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Yates-Norris",
        "lease_start_date": "2023-07-18",
        "lease_end_date": "2030-05-30",
        "monthly_rent": 18277,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Gaines, Walker and Thomas",
        "lease_start_date": "2022-02-03",
        "lease_end_date": "2028-06-12",
        "monthly_rent": 19513,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ]
  }
}