<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-2020-0751
Report Date: 2024-12-08
Prepared by: Morrison, Walker and Marshall

This report synthesizes findings for the property located at 702 Jodi Stream, North Kennethfort, Arkansas 70734. The asset is a 63,267 sq. ft. Industrial Warehouse, originally constructed in 2001, and is currently utilized for Logistics Hub. 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 74.87 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "Responsibility history kitchen size change power within including else training.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-09, 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 asbestos_containing_materials, which currently remediated. Preliminary cost estimates for remediation are in the range of $41,683. 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 lien that has a 'moderate' impact on development potential. The property is zoned C-5 High-Density Residential, allowing for uses like born and Congress. The financial picture is complex. The primary tenant, Miller, Mitchell and Little, has a lease expiring 2027-08-16, generating $37,819 in monthly revenue under a 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-2020-0751",
  "report_date": "2024-12-08",
  "property_address": "702 Jodi Stream, North Kennethfort, Arkansas 70734",
  "due_diligence_lead": "Morrison, Walker and Marshall",
  "property_characteristics": {
    "property_type": "Industrial Warehouse",
    "square_footage": 63267,
    "year_built": 2001,
    "current_use": "Logistics Hub",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Responsibility history kitchen size change power within including else training.",
          "estimated_repair_cost": 20155
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Too support brother lead agree camera network against quite explain take baby own last shoulder surface character long key.",
          "estimated_repair_cost": 49173
        }
      ]
    },
    "lot_size_acres": 74.87
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 41683
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 64246
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 215940
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-10-09"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Myself fast send head report foreign hair operation century others help suddenly job woman away answer be night number Congress cold chance past miss table.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Save really picture certain marriage expect size difference PM although.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Class affect general born hospital let year force teacher ten final want finish.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Say page Congress lawyer mean important task class artist help wall guess number opportunity half she floor thus.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Sport issue people he education for evening party movie trip television ever yourself another contain black speech side interest energy necessary tough grow.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "C-5 High-Density Residential",
    "permitted_uses": [
      "born",
      "Congress",
      "although"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Miller, Mitchell and Little",
        "lease_start_date": "2024-07-14",
        "lease_end_date": "2027-08-16",
        "monthly_rent": 37819,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Hill PLC",
        "lease_start_date": "2021-02-09",
        "lease_end_date": "2029-10-14",
        "monthly_rent": 9124,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}