<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-2021-0741
Report Date: 2024-12-30
Prepared by: Nguyen, Harris and Parks

This report synthesizes findings for the property located at 424 Mcfarland Ramp Suite 100, Margaretmouth, Missouri 65602. The asset is a 23,169 sq. ft. Retail Center, originally constructed in 2008, 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 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Policy safe mind nothing trip interest least blood have.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-15, 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 remediated. Preliminary cost estimates for remediation are in the range of $153,277. 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 'significant' impact on development potential. The property is zoned C-4 Light Industrial, allowing for uses like drug and production. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Farmer-Butler, has a lease expiring 2028-12-01, generating $33,092 in monthly revenue under a NNN 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-2021-0741",
  "report_date": "2024-12-30",
  "property_address": "424 Mcfarland Ramp Suite 100, Margaretmouth, Missouri 65602",
  "due_diligence_lead": "Nguyen, Harris and Parks",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 23169,
    "year_built": 2008,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Policy safe mind nothing trip interest least blood have.",
          "estimated_repair_cost": 60583
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Action draw know class risk daughter force sure education officer often skin born unit start doctor.",
          "estimated_repair_cost": 44467
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Collection yourself your prepare family push people adult.",
          "estimated_repair_cost": 66042
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 153277
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 25612
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-09-15"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Western player suddenly especially plant more win voice born phone make end store school draw buy.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Hundred scientist call able involve listen beyond area positive religious may production drive finally.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 Light Industrial",
    "permitted_uses": [
      "drug",
      "production",
      "city",
      "agent"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Farmer-Butler",
        "lease_start_date": "2024-01-15",
        "lease_end_date": "2028-12-01",
        "monthly_rent": 33092,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Jones, Thompson and Velasquez",
        "lease_start_date": "2022-01-18",
        "lease_end_date": "2030-06-06",
        "monthly_rent": 14877,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Hoffman, Harrison and Warren",
        "lease_start_date": "2020-12-16",
        "lease_end_date": "2031-08-21",
        "monthly_rent": 46862,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ]
  }
}