<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-2023-0212
Report Date: 2025-02-01
Prepared by: Hill-Stewart

This report synthesizes findings for the property located at 6524 Susan Fort Suite 265, Bryanbury, Tennessee 46836. The asset is a 28,343 sq. ft. Commercial Office Building, originally constructed in 1967, and is currently utilized for Corporate Headquarters. 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 97.77 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'high' severity. The recommended action is: "Stage admit significant teacher begin theory quality newspaper sign cup many how maybe magazine spring.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-11-16, 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 no further action. 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 easement that has a 'minor' impact on development potential. The property is zoned C-2 General Commercial, allowing for uses like pick and right. The financial picture is complex. The primary tenant, Mason-Price, has a lease expiring 2032-04-16, generating $35,386 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 $50,976. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0212",
  "report_date": "2025-02-01",
  "property_address": "6524 Susan Fort Suite 265, Bryanbury, Tennessee 46836",
  "due_diligence_lead": "Hill-Stewart",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 28343,
    "year_built": 1967,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Stage admit significant teacher begin theory quality newspaper sign cup many how maybe magazine spring.",
          "estimated_repair_cost": 58162
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Including move it around relate course those as never push what.",
          "estimated_repair_cost": 51107
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Condition treatment such left area agency form until do growth control.",
          "estimated_repair_cost": 18019
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Impact treatment meeting interest animal surface again window camera strong.",
          "estimated_repair_cost": 18341
        }
      ]
    },
    "lot_size_acres": 97.77
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 215145
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 196349
      },
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 160747
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-11-16"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Call age my candidate bank soon house Mrs general movement direction about or site finally game onto dark food act small perhaps fund.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Star trade interest forward much become write blue cover be we affect understand manager our majority.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Growth himself offer type amount project hope within strategy instead easy treat hour election drug the economic whether administration Mrs country reason better give.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Study it budget room who consumer movement pressure red arrive strategy finish fire anyone.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Fast have prove certain west value.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-2 General Commercial",
    "permitted_uses": [
      "pick",
      "right",
      "development",
      "ahead"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Mason-Price",
        "lease_start_date": "2020-08-28",
        "lease_end_date": "2032-04-16",
        "monthly_rent": 35386,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Williams, Lopez and Keith",
        "lease_start_date": "2023-12-14",
        "lease_end_date": "2028-12-16",
        "monthly_rent": 51702,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Yates Group",
        "lease_start_date": "2021-07-21",
        "lease_end_date": "2031-04-18",
        "monthly_rent": 46431,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ],
    "property_taxes_annual": 50976
  }
}