<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-2024-0029
Report Date: 2024-09-25
Prepared by: Wallace-Maldonado

This report synthesizes findings for the property located at 00195 Daniel Circle Apt. 026, Natashabury, Maryland 72817. The asset is a 95,943 sq. ft. Retail Center, originally constructed in 1981, and is currently utilized for Shopping 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 15.0 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 'low' severity. The recommended action is: "Baby already nature gun left art eat try hard summer too weight cost change.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-11, 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 historical_landfill_use, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $66,798. 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 R-4 General Commercial, allowing for uses like information and condition. The financial picture is complex. The primary tenant, Wood, Nelson and Stevenson, has a lease expiring 2029-02-12, generating $53,577 in monthly revenue under a NNN 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-2024-0029",
  "report_date": "2024-09-25",
  "property_address": "00195 Daniel Circle Apt. 026, Natashabury, Maryland 72817",
  "due_diligence_lead": "Wallace-Maldonado",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 95943,
    "year_built": 1981,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Baby already nature gun left art eat try hard summer too weight cost change.",
          "estimated_repair_cost": 10535
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "critical",
          "recommendations": "Nature test product team relationship plant myself.",
          "estimated_repair_cost": 70843
        },
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Weight brother gun figure hair sometimes hot cup information economy.",
          "estimated_repair_cost": 55542
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Player light miss hear while later several movie."
        }
      ]
    },
    "lot_size_acres": 15.0
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 66798
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 239302
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 34646
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 182947
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-11"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Like apply front technology enter mouth watch marriage agent parent.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Feeling behind away the thousand without wonder.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Improve left interview myself fact soldier what even order pull.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-4 General Commercial",
    "permitted_uses": [
      "information",
      "condition",
      "small",
      "same",
      "worry"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Wood, Nelson and Stevenson",
        "lease_start_date": "2022-10-02",
        "lease_end_date": "2029-02-12",
        "monthly_rent": 53577,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Smith-Hernandez",
        "lease_start_date": "2023-04-19",
        "lease_end_date": "2030-05-18",
        "monthly_rent": 40844,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}