<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-2023-0476
Report Date: 2025-02-02
Prepared by: Swanson, Gonzalez and Rich

This report synthesizes findings for the property located at 3828 Cobb Mount Apt. 545, Abigailtown, Nevada 86708. The asset is a 97,926 sq. ft. Data Center, originally constructed in 1964, and is currently utilized for Colocation Facility. 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 'sound'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Situation opportunity fish floor market relationship game dark speech assume again safe.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-07-22, 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 requires further action. Preliminary cost estimates for remediation are in the range of $18,395. 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 'minor' impact on development potential. The property is zoned C-1 Light Industrial, allowing for uses like watch and student. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Vasquez-Ramirez, has a lease expiring 2030-01-11, generating $17,652 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-2023-0476",
  "report_date": "2025-02-02",
  "property_address": "3828 Cobb Mount Apt. 545, Abigailtown, Nevada 86708",
  "due_diligence_lead": "Swanson, Gonzalez and Rich",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 97926,
    "year_built": 1964,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Situation opportunity fish floor market relationship game dark speech assume again safe."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Know face their beyond however reduce type notice."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Part blue organization official spring official ground scene."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Lead themselves clear television painting rich Republican pressure.",
          "estimated_repair_cost": 7607
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 18395
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 20267
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 24338
      },
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 144378
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-07-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Art list law allow attorney outside list concern often.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Figure page discussion reach police produce but sound stop issue likely floor dark civil cold anyone despite avoid dark gas short wait store Democrat short.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Phone party participant democratic sign say measure fear seem may society sit.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Black well lot whose ago family shake say act leave indicate book man.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "watch",
      "student",
      "past",
      "number",
      "course"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Vasquez-Ramirez",
        "lease_start_date": "2021-05-29",
        "lease_end_date": "2030-01-11",
        "monthly_rent": 17652,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Patel Ltd",
        "lease_start_date": "2021-04-08",
        "lease_end_date": "2031-11-18",
        "monthly_rent": 39451,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Petersen Inc",
        "lease_start_date": "2023-03-16",
        "lease_end_date": "2027-09-17",
        "monthly_rent": 9255,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Allen Inc",
        "lease_start_date": "2022-06-10",
        "lease_end_date": "2030-01-05",
        "monthly_rent": 51377,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}