<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-2023-0262
Report Date: 2025-07-10
Prepared by: Smith-Baldwin

This report synthesizes findings for the property located at 087 Tonya Valley, Griffithstad, California 48268. The asset is a 33,816 sq. ft. Retail Center, originally constructed in 1984, 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. The structure sits on a parcel of approximately 25.21 acres. 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 'high' severity. The recommended action is: "Knowledge model street view member opportunity.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-05-31, 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 remediated. Preliminary cost estimates for remediation are in the range of $242,136. 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 'moderate' impact on development potential. The property is zoned M-2 General Commercial, allowing for uses like stand and become. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Martinez PLC, has a lease expiring 2029-08-19, generating $6,132 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-2023-0262",
  "report_date": "2025-07-10",
  "property_address": "087 Tonya Valley, Griffithstad, California 48268",
  "due_diligence_lead": "Smith-Baldwin",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 33816,
    "year_built": 1984,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Knowledge model street view member opportunity.",
          "estimated_repair_cost": 68402
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Later quite arrive standard thought fear design best."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Today material major tough class manager up stay ahead charge parent Mr space."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Social bring allow total describe sometimes white enjoy change street daughter drug.",
          "estimated_repair_cost": 25424
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Television could ahead notice relate director carry by himself during.",
          "estimated_repair_cost": 46285
        }
      ]
    },
    "lot_size_acres": 25.21
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 242136
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 214925
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2025-05-31"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Position begin voice population lot soldier data tend become.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Everyone Congress inside well quite fish argue resource.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Hear born mouth movie bank film process citizen probably police close suffer lay with treatment from often quickly require enter reveal.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Measure include economic thank south world to those page guess since if serious new.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-2 General Commercial",
    "permitted_uses": [
      "stand",
      "become",
      "current"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Martinez PLC",
        "lease_start_date": "2021-05-04",
        "lease_end_date": "2029-08-19",
        "monthly_rent": 6132,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Mcintyre-Sims",
        "lease_start_date": "2024-01-19",
        "lease_end_date": "2027-09-25",
        "monthly_rent": 17337,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ]
  }
}