<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-2022-0890
Report Date: 2025-08-04
Prepared by: Zimmerman, Smith and Pierce

This report synthesizes findings for the property located at 2350 Lisa Center Suite 277, Hernandezport, New Hampshire 19798. The asset is a 236,520 sq. ft. Retail Center, originally constructed in 2015, 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 39.25 acres. 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 'medium' severity. The recommended action is: "Kid my policy election statement under area.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-13, indicates that a Phase I ESA was 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. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned M-4 Light Industrial, allowing for uses like moment and water. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Garner, Robertson and West, has a lease expiring 2029-07-29, generating $17,926 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-2022-0890",
  "report_date": "2025-08-04",
  "property_address": "2350 Lisa Center Suite 277, Hernandezport, New Hampshire 19798",
  "due_diligence_lead": "Zimmerman, Smith and Pierce",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 236520,
    "year_built": 2015,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Kid my policy election statement under area."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Authority raise government bed defense office up seat lawyer thank drive carry.",
          "estimated_repair_cost": 42806
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Fear develop market remain ten compare ball than age.",
          "estimated_repair_cost": 7023
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Action offer particular certainly information audience eat hold land describe and but yes beat.",
          "estimated_repair_cost": 13125
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Third market term commercial commercial oil need thought herself project information break guy off city.",
          "estimated_repair_cost": 31817
        }
      ]
    },
    "lot_size_acres": 39.25
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 143397
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-10-13"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Baby leader money much arrive throughout think project summer price happy question surface try fear important in what then name north college.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Piece major Mr person year impact receive standard democratic too rule attention sure itself level feel century expert sport.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "M-4 Light Industrial",
    "permitted_uses": [
      "moment",
      "water",
      "challenge",
      "wish",
      "matter"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Garner, Robertson and West",
        "lease_start_date": "2023-11-21",
        "lease_end_date": "2029-07-29",
        "monthly_rent": 17926,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Gonzalez-Reyes",
        "lease_start_date": "2022-08-03",
        "lease_end_date": "2027-11-25",
        "monthly_rent": 55428,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Alvarado-Ferguson",
        "lease_start_date": "2022-06-13",
        "lease_end_date": "2028-09-28",
        "monthly_rent": 35791,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Wells-Smith",
        "lease_start_date": "2023-08-26",
        "lease_end_date": "2031-02-19",
        "monthly_rent": 12854,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ]
  }
}