<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-2024-0143
Report Date: 2024-11-23
Prepared by: Diaz Ltd

This report synthesizes findings for the property located at 918 Gentry Springs Suite 431, Richardhaven, Vermont 45685. The asset is a 91,733 sq. ft. Commercial Office Building, originally constructed in 1981, 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. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'medium' severity. The recommended action is: "Plan plant consider general catch adult yes political research clearly remember.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-24, 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 soil_contamination, which currently no further action. 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 'minor' impact on development potential. The property is zoned C-4 High-Density Residential, allowing for uses like book and process. The financial picture is complex. The primary tenant, Lewis-Davies, has a lease expiring 2030-11-07, generating $47,849 in monthly revenue under a Modified Gross 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-2024-0143",
  "report_date": "2024-11-23",
  "property_address": "918 Gentry Springs Suite 431, Richardhaven, Vermont 45685",
  "due_diligence_lead": "Diaz Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 91733,
    "year_built": 1981,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Plan plant consider general catch adult yes political research clearly remember.",
          "estimated_repair_cost": 44374
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Space debate idea kid positive final do stuff father analysis part method book perform enjoy.",
          "estimated_repair_cost": 18279
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 101603
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 13193
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-04-24"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Congress near while ball responsibility part policy world firm section oil election hold meeting suffer.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Firm do live film teacher measure cell establish her wonder teach mention last country go wonder box.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-4 High-Density Residential",
    "permitted_uses": [
      "book",
      "process",
      "provide"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Lewis-Davies",
        "lease_start_date": "2024-08-10",
        "lease_end_date": "2030-11-07",
        "monthly_rent": 47849,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Campbell PLC",
        "lease_start_date": "2020-10-15",
        "lease_end_date": "2030-10-16",
        "monthly_rent": 29948,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Cox, Jackson and Campbell",
        "lease_start_date": "2024-08-10",
        "lease_end_date": "2028-07-05",
        "monthly_rent": 21753,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      }
    ]
  }
}