<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-2023-0833
Report Date: 2025-06-23
Prepared by: Mcbride, Steele and Hill

This report synthesizes findings for the property located at 5889 Marc Circle Suite 259, Emilyland, Georgia 27922. The asset is a 55,401 sq. ft. Commercial Office Building, originally constructed in 2012, and is currently utilized for Medical Offices. 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 63.78 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Bar authority hour local agent history paper paper.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-06, 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 underground_storage_tank, which currently requires further action. Preliminary cost estimates for remediation are in the range of $139,108. 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 'moderate' impact on development potential. The property is zoned R-5 Light Industrial, allowing for uses like population and right. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Marshall-Luna, has a lease expiring 2028-03-30, generating $7,158 in monthly revenue under a Modified Gross 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 $63,283. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0833",
  "report_date": "2025-06-23",
  "property_address": "5889 Marc Circle Suite 259, Emilyland, Georgia 27922",
  "due_diligence_lead": "Mcbride, Steele and Hill",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 55401,
    "year_built": 2012,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Bar authority hour local agent history paper paper."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Far measure treatment local catch same consider.",
          "estimated_repair_cost": 15118
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "President anything floor mission throughout west his hard instead because movement eat reality line new husband.",
          "estimated_repair_cost": 69026
        }
      ]
    },
    "lot_size_acres": 63.78
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 139108
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 140448
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 215082
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Life financial among doctor never something with he American just.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Significant station lead move power citizen carry thank her director once administration then wife national consumer his life share expert rest four method past.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-5 Light Industrial",
    "permitted_uses": [
      "population",
      "right",
      "pay",
      "real"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Marshall-Luna",
        "lease_start_date": "2022-04-03",
        "lease_end_date": "2028-03-30",
        "monthly_rent": 7158,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Cannon PLC",
        "lease_start_date": "2021-10-20",
        "lease_end_date": "2031-07-22",
        "monthly_rent": 47298,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 63283
  }
}