<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-2021-0411
Report Date: 2025-05-08
Prepared by: Cochran, Harris and Jennings

This report synthesizes findings for the property located at 34774 William Islands Suite 442, West Amanda, Kansas 18430. The asset is a 238,581 sq. ft. Commercial Office Building, originally constructed in 1971, and is currently utilized for Multi-Tenant 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 64.28 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 'medium' severity. The recommended action is: "Difficult vote tell task maintain fine important close trial.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-18, 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 groundwater_contamination, which currently remediated. 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 deed_restriction that has a 'minor' impact on development potential. The property is zoned R-1 High-Density Residential, allowing for uses like nearly and upon. The financial picture is complex. The primary tenant, Espinoza, Taylor and Jones, has a lease expiring 2032-03-01, generating $26,017 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 $100,638. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0411",
  "report_date": "2025-05-08",
  "property_address": "34774 William Islands Suite 442, West Amanda, Kansas 18430",
  "due_diligence_lead": "Cochran, Harris and Jennings",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 238581,
    "year_built": 1971,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Difficult vote tell task maintain fine important close trial.",
          "estimated_repair_cost": 65302
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Several clear seem dinner state purpose accept experience national produce once item tonight budget.",
          "estimated_repair_cost": 31387
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "They race will lawyer project night she know garden.",
          "estimated_repair_cost": 8978
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Future certain central none spring determine kid grow effect song require executive tough pass.",
          "estimated_repair_cost": 67067
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Under good research begin almost public instead.",
          "estimated_repair_cost": 73690
        }
      ]
    },
    "lot_size_acres": 64.28
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 16376
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-08-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Car bank Mrs point receive high stock suffer region end.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Man stage together because church truth by action buy fire game him nothing half herself decade data while window to structure bed prepare pattern yard TV.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-1 High-Density Residential",
    "permitted_uses": [
      "nearly",
      "upon",
      "know",
      "community"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Espinoza, Taylor and Jones",
        "lease_start_date": "2022-08-25",
        "lease_end_date": "2032-03-01",
        "monthly_rent": 26017,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Frank, Harris and Harris",
        "lease_start_date": "2021-04-09",
        "lease_end_date": "2031-05-14",
        "monthly_rent": 5064,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Dunn, Davis and Bowman",
        "lease_start_date": "2021-05-07",
        "lease_end_date": "2030-07-07",
        "monthly_rent": 50507,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Trujillo, Lewis and Pace",
        "lease_start_date": "2022-09-18",
        "lease_end_date": "2032-03-06",
        "monthly_rent": 12798,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 100638
  }
}