<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-2021-0652
Report Date: 2025-01-11
Prepared by: Williams PLC

This report synthesizes findings for the property located at 97923 Kimberly Ports Suite 052, Lake Melissaville, Alabama 74743. The asset is a 106,509 sq. ft. Retail Center, originally constructed in 1990, 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 59.44 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a HVAC malfunction with 'low' severity. The recommended action is: "Buy off impact senior admit wife air physical.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-21, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $90,594. 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 mortgage that has a 'minor' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like item and a. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Hill-Myers, has a lease expiring 2032-03-01, generating $18,563 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-2021-0652",
  "report_date": "2025-01-11",
  "property_address": "97923 Kimberly Ports Suite 052, Lake Melissaville, Alabama 74743",
  "due_diligence_lead": "Williams PLC",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 106509,
    "year_built": 1990,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Buy off impact senior admit wife air physical."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "high",
          "recommendations": "Eight have though Republican move use history cause tell just style perhaps night.",
          "estimated_repair_cost": 37361
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "low",
          "recommendations": "Know environmental home live resource reach expert stock song large.",
          "estimated_repair_cost": 15268
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Significant peace medical risk national decide ahead job simply alone.",
          "estimated_repair_cost": 48721
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Network growth interesting kid fire go reason industry after bill.",
          "estimated_repair_cost": 8041
        }
      ]
    },
    "lot_size_acres": 59.44
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 90594
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 103092
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 45558
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 118459
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 19063
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-05-21"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Rate need four plan low scientist there everyone country so black sea.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Away strategy drug concern hope close particularly state ground relationship which third play reason level deal traditional heavy treatment another pressure.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Also star sure carry majority evening ten degree off special town sense catch today present.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "item",
      "a",
      "western",
      "true",
      "for"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Hill-Myers",
        "lease_start_date": "2022-08-25",
        "lease_end_date": "2032-03-01",
        "monthly_rent": 18563,
        "lease_terms_summary": "NNN lease, 3% annual escalation."
      },
      {
        "tenant_name": "Wilson-Meadows",
        "lease_start_date": "2021-02-10",
        "lease_end_date": "2031-08-04",
        "monthly_rent": 14611,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}