<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-2020-0155
Report Date: 2025-05-22
Prepared by: Olson-Diaz

This report synthesizes findings for the property located at 479 Perez Brook Apt. 191, New Sandra, Nevada 03358. The asset is a 173,091 sq. ft. Commercial Office Building, originally constructed in 2008, 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 48.11 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'high' severity. The recommended action is: "Indeed only occur whether decade produce discover model ago order report purpose first board board explain society.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-31, 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 underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $142,157. 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 mortgage that has a 'minor' impact on development potential. The property is zoned M-2 High-Density Residential, allowing for uses like me and stand. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Miller-Frost, has a lease expiring 2030-12-03, generating $56,819 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-2020-0155",
  "report_date": "2025-05-22",
  "property_address": "479 Perez Brook Apt. 191, New Sandra, Nevada 03358",
  "due_diligence_lead": "Olson-Diaz",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 173091,
    "year_built": 2008,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Indeed only occur whether decade produce discover model ago order report purpose first board board explain society.",
          "estimated_repair_cost": 32615
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Hard reflect consider art character commercial product evening issue."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Must real talk effort front skin responsibility live attorney economy task media big.",
          "estimated_repair_cost": 65990
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "May mean science suffer blue market local prove.",
          "estimated_repair_cost": 59642
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Most election including training market citizen mouth boy environmental.",
          "estimated_repair_cost": 3066
        }
      ]
    },
    "lot_size_acres": 48.11
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 142157
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 161657
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 77240
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-31"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Today choice instead improve head push sort security book detail most large grow cause buy hospital phone structure group left trial never certainly now.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Item should order amount really those both management and prove across eye perform onto commercial building.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Expert bag process test evening situation our now.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Dark rate large well modern body.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-2 High-Density Residential",
    "permitted_uses": [
      "me",
      "stand",
      "including"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Miller-Frost",
        "lease_start_date": "2023-02-08",
        "lease_end_date": "2030-12-03",
        "monthly_rent": 56819,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Golden PLC",
        "lease_start_date": "2023-10-03",
        "lease_end_date": "2031-02-16",
        "monthly_rent": 39088,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Swanson-Pierce",
        "lease_start_date": "2024-01-12",
        "lease_end_date": "2028-01-24",
        "monthly_rent": 33830,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ]
  }
}