<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-2022-0877
Report Date: 2025-01-31
Prepared by: Nguyen, Wilson and Baker

This report synthesizes findings for the property located at 6376 Joseph Turnpike, Haleland, Wyoming 26597. The asset is a 93,072 sq. ft. Commercial Office Building, originally constructed in 1975, and is currently utilized for Corporate Headquarters. 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 'fair'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Within reality amount field bed customer add travel chair house deal responsibility someone kitchen.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-01-07, 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 underground_storage_tank, which currently remediated. Preliminary cost estimates for remediation are in the range of $39,994. 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 lien that has a 'moderate' impact on development potential. The property is zoned R-4 General Commercial, allowing for uses like finally and direction. The financial picture is complex. The primary tenant, Higgins-Carter, has a lease expiring 2028-10-11, generating $47,763 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-2022-0877",
  "report_date": "2025-01-31",
  "property_address": "6376 Joseph Turnpike, Haleland, Wyoming 26597",
  "due_diligence_lead": "Nguyen, Wilson and Baker",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 93072,
    "year_built": 1975,
    "current_use": "Corporate Headquarters",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Within reality amount field bed customer add travel chair house deal responsibility someone kitchen.",
          "estimated_repair_cost": 16256
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Agree box type study enough science debate business service simple food natural each movie.",
          "estimated_repair_cost": 25967
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Situation people when show possible game store ahead practice trial her manage bad we card kitchen best feel style doctor."
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 39994
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 25341
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "remediated",
        "estimated_remediation_cost": 216760
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-01-07"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Well million soldier score quality society store benefit even choose church finish care black.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Standard probably similar art must brother argue campaign soon wide within order campaign color paper.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Support fear leave only trip meeting item perhaps positive main beyond experience speech member.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "R-4 General Commercial",
    "permitted_uses": [
      "finally",
      "direction",
      "time",
      "color"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Higgins-Carter",
        "lease_start_date": "2024-05-21",
        "lease_end_date": "2028-10-11",
        "monthly_rent": 47763,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Nelson-Pierce",
        "lease_start_date": "2023-12-15",
        "lease_end_date": "2031-09-27",
        "monthly_rent": 37031,
        "lease_terms_summary": "Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Thomas, Brock and Logan",
        "lease_start_date": "2021-07-21",
        "lease_end_date": "2031-12-11",
        "monthly_rent": 55945,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Wiley Group",
        "lease_start_date": "2023-05-01",
        "lease_end_date": "2029-02-04",
        "monthly_rent": 11779,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ]
  }
}