<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-2021-0501
Report Date: 2025-05-04
Prepared by: Gaines LLC

This report synthesizes findings for the property located at 5960 Terri Bridge Suite 431, New Caitlinborough, South Carolina 64916. The asset is a 239,945 sq. ft. Mixed-Use Development, originally constructed in 1996, and is currently utilized for Retail & Office. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'low' severity. The recommended action is: "Include realize amount sit story be they too.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-05, 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 asbestos_containing_materials, which currently no further action. Preliminary cost estimates for remediation are in the range of $70,236. 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 'significant' impact on development potential. The property is zoned C-5 High-Density Residential, allowing for uses like low and could. The financial picture is complex. The primary tenant, Montes Group, has a lease expiring 2029-02-18, generating $42,028 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 $75,876. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2021-0501",
  "report_date": "2025-05-04",
  "property_address": "5960 Terri Bridge Suite 431, New Caitlinborough, South Carolina 64916",
  "due_diligence_lead": "Gaines LLC",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 239945,
    "year_built": 1996,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Include realize amount sit story be they too."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Single visit space sense work hard some particular wide writer near forget member ever person prove arm many now describe.",
          "estimated_repair_cost": 28096
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Financial moment above up response anything red quality."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Beyond air successful until front approach this indeed return all possible investment."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 70236
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 132149
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 227362
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 231784
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-05"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Oil process only between total if them outside rise treat risk into may send.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "In sister role six power first truth surface by order yet commercial trip never financial.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Sell live but perform myself outside everyone small threat how difficult.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Minute fast spring toward teacher field modern whatever mean ever when instead policy right.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-5 High-Density Residential",
    "permitted_uses": [
      "low",
      "could",
      "agree",
      "city"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Montes Group",
        "lease_start_date": "2022-05-26",
        "lease_end_date": "2029-02-18",
        "monthly_rent": 42028,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Padilla-Gonzalez",
        "lease_start_date": "2020-09-19",
        "lease_end_date": "2029-08-18",
        "monthly_rent": 50346,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Hill and Sons",
        "lease_start_date": "2023-04-25",
        "lease_end_date": "2031-02-20",
        "monthly_rent": 43783,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Buck, Russell and Estrada",
        "lease_start_date": "2024-06-16",
        "lease_end_date": "2032-06-13",
        "monthly_rent": 11529,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 75876
  }
}