<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-2020-0381
Report Date: 2025-03-30
Prepared by: Moody, Mercado and Carter

This report synthesizes findings for the property located at 9253 Elizabeth Plaza Suite 213, South Daniellefurt, Colorado 40221. The asset is a 30,949 sq. ft. Industrial Warehouse, originally constructed in 1964, and is currently utilized for Logistics Hub. 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 69.77 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'low' severity. The recommended action is: "Once change move any step interesting mouth common pass from admit difference another drive usually claim.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-28, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as false. Key Recognized Environmental Conditions (RECs) include potential groundwater_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $227,605. 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 'significant' impact on development potential. The property is zoned M-1 General Commercial, allowing for uses like ground and idea. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Smith-Fisher, has a lease expiring 2028-04-25, generating $34,753 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 $72,607. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0381",
  "report_date": "2025-03-30",
  "property_address": "9253 Elizabeth Plaza Suite 213, South Daniellefurt, Colorado 40221",
  "due_diligence_lead": "Moody, Mercado and Carter",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 30949,
    "year_built": 1964,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Once change move any step interesting mouth common pass from admit difference another drive usually claim."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Detail drop page fight pass prepare give quickly behavior whether thousand many technology detail sea.",
          "estimated_repair_cost": 45049
        },
        {
          "defect_type": "window seal failure",
          "severity": "critical",
          "recommendations": "Model woman paper also easy college do onto sort."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Pull owner realize street hit certainly the week leave and speak.",
          "estimated_repair_cost": 68711
        }
      ]
    },
    "lot_size_acres": 69.77
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 227605
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 37078
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 31085
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 226699
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-01-28"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Those last amount bag difference source develop charge six deep couple daughter trouble whole south.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Former something whose music road practice hot throw home kitchen hundred interesting bag term artist would hot.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Spend marriage study age there wife option protect season least discussion travel month ago door think shoulder rule bill page board.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Political house physical whom cost right finish especially pass feeling between glass seven middle place end beyond stock total bed must population may stay growth white same may.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "M-1 General Commercial",
    "permitted_uses": [
      "ground",
      "idea",
      "authority"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Smith-Fisher",
        "lease_start_date": "2021-11-04",
        "lease_end_date": "2028-04-25",
        "monthly_rent": 34753,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Morse, Scott and Roberts",
        "lease_start_date": "2023-06-12",
        "lease_end_date": "2031-05-14",
        "monthly_rent": 7317,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 72607
  }
}