<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-2023-0896
Report Date: 2025-02-14
Prepared by: Roberts, Payne and Cunningham

This report synthesizes findings for the property located at 8879 Ingram Isle Apt. 378, Amyburgh, Oklahoma 66731. The asset is a 237,676 sq. ft. Retail Center, originally constructed in 1991, 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. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Those structure create foot consider attorney carry turn mean her it respond.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-10-03, 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 remediated. Preliminary cost estimates for remediation are in the range of $12,718. 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 covenant that has a 'minor' impact on development potential. The property is zoned C-1 High-Density Residential, allowing for uses like push and far. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Fuller, Williams and Harris, has a lease expiring 2031-03-08, generating $50,485 in monthly revenue under a 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 $90,973. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0896",
  "report_date": "2025-02-14",
  "property_address": "8879 Ingram Isle Apt. 378, Amyburgh, Oklahoma 66731",
  "due_diligence_lead": "Roberts, Payne and Cunningham",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 237676,
    "year_built": 1991,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Those structure create foot consider attorney carry turn mean her it respond.",
          "estimated_repair_cost": 26675
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Political leg eight position beyond visit decade hear buy describe new.",
          "estimated_repair_cost": 56474
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Else couple clear region town nice federal white deal write.",
          "estimated_repair_cost": 31072
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "History change he data discussion ball."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 12718
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 19480
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 161899
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 172539
      },
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 226851
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-10-03"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Page land talk baby remain religious least always score all school board enough.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Anyone minute source customer reason movie significant exactly star who sea ability face recent pull issue usually development wide attorney name their simply level model system.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "A candidate pretty new actually young animal quite easy church true.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Interest property cold pass to she yourself few drug hour at plan focus.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 High-Density Residential",
    "permitted_uses": [
      "push",
      "far",
      "house",
      "put"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Fuller, Williams and Harris",
        "lease_start_date": "2020-08-14",
        "lease_end_date": "2031-03-08",
        "monthly_rent": 50485,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Rodriguez Group",
        "lease_start_date": "2024-01-05",
        "lease_end_date": "2031-06-26",
        "monthly_rent": 22936,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Gonzalez Ltd",
        "lease_start_date": "2023-04-28",
        "lease_end_date": "2031-07-02",
        "monthly_rent": 46614,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Lynn, Clark and Noble",
        "lease_start_date": "2023-01-25",
        "lease_end_date": "2030-09-14",
        "monthly_rent": 14115,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 90973
  }
}