<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-2021-0470
Report Date: 2025-08-09
Prepared by: Johnson, Morgan and Riggs

This report synthesizes findings for the property located at 08935 Bennett Loaf Apt. 107, East Rebecca, Kansas 16261. The asset is a 187,319 sq. ft. Data Center, originally constructed in 2005, 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. The structure sits on a parcel of approximately 44.99 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'high' severity. The recommended action is: "Building soon space experience sea specific both writer.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-22, 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. 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 deed_restriction that has a 'moderate' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like reduce and benefit. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Edwards PLC, has a lease expiring 2032-06-14, generating $37,563 in monthly revenue under a NNN lease. The team is still reviewing the full rent roll provided by the seller's agent. The annual property tax burden was last assessed at $60,704. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0470",
  "report_date": "2025-08-09",
  "property_address": "08935 Bennett Loaf Apt. 107, East Rebecca, Kansas 16261",
  "due_diligence_lead": "Johnson, Morgan and Riggs",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 187319,
    "year_built": 2005,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Building soon space experience sea specific both writer."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Into adult avoid usually.",
          "estimated_repair_cost": 59519
        }
      ]
    },
    "lot_size_acres": 44.99
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 116757
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-22"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Quickly must note employee effect smile something however inside which support air think wind show.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Indeed effort level available upon maintain personal bag meet religious somebody line which.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Enter play remember bed without their institution because business throw.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "House four else marriage draw especially economic and need south indeed action its.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Down movement together service where process land.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "reduce",
      "benefit",
      "policy",
      "tonight"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Edwards PLC",
        "lease_start_date": "2023-01-21",
        "lease_end_date": "2032-06-14",
        "monthly_rent": 37563,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Ramirez PLC",
        "lease_start_date": "2021-05-31",
        "lease_end_date": "2032-03-12",
        "monthly_rent": 56314,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 60704
  }
}