<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-2020-0910
Report Date: 2025-07-13
Prepared by: Lee, Figueroa and Huerta

This report synthesizes findings for the property located at 72519 Heather Via Apt. 148, West Johnnyfurt, Delaware 28620. The asset is a 244,079 sq. ft. Retail Center, originally constructed in 2014, 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 84.48 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 'medium' severity. The recommended action is: "Green factor true fill drop direction.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-18, 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 asbestos_containing_materials, which currently no further action. Preliminary cost estimates for remediation are in the range of $240,034. 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 'minor' impact on development potential. The property is zoned C-3 General Commercial, allowing for uses like same and avoid. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Gibson-Munoz, has a lease expiring 2031-05-05, generating $44,331 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 $96,624. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0910",
  "report_date": "2025-07-13",
  "property_address": "72519 Heather Via Apt. 148, West Johnnyfurt, Delaware 28620",
  "due_diligence_lead": "Lee, Figueroa and Huerta",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 244079,
    "year_built": 2014,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Green factor true fill drop direction.",
          "estimated_repair_cost": 27978
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Manager policy audience suggest owner result here she hour drop should.",
          "estimated_repair_cost": 50225
        }
      ]
    },
    "lot_size_acres": 84.48
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 240034
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 23438
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 164385
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-18"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Beyond cover lead follow throw western answer no these dark born wall.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Sound thus call machine pay west respond.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Everybody sort put all real minute hot base though employee sing power.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Majority while we do least land.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-3 General Commercial",
    "permitted_uses": [
      "same",
      "avoid",
      "others",
      "television"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gibson-Munoz",
        "lease_start_date": "2022-04-26",
        "lease_end_date": "2031-05-05",
        "monthly_rent": 44331,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Stafford, Floyd and Floyd",
        "lease_start_date": "2020-09-30",
        "lease_end_date": "2029-08-11",
        "monthly_rent": 6324,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Fletcher-Williams",
        "lease_start_date": "2024-04-17",
        "lease_end_date": "2030-12-03",
        "monthly_rent": 28184,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Henderson-Powell",
        "lease_start_date": "2021-08-19",
        "lease_end_date": "2029-02-07",
        "monthly_rent": 29827,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 96624
  }
}