<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-2020-0813
Report Date: 2025-02-01
Prepared by: Phillips LLC

This report synthesizes findings for the property located at 79581 Mary Mews, Jacksonview, Washington 52360. The asset is a 236,731 sq. ft. Data Center, originally constructed in 1966, and is currently utilized for Colocation Facility. 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 'sound'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'medium' severity. The recommended action is: "Store yet base single environmental responsibility suddenly card without ago sister.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-11-10, 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 groundwater_contamination, which currently no further action. 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 mortgage that has a 'minor' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like individual and eye. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Craig LLC, has a lease expiring 2030-08-31, generating $57,869 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 $90,901. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0813",
  "report_date": "2025-02-01",
  "property_address": "79581 Mary Mews, Jacksonview, Washington 52360",
  "due_diligence_lead": "Phillips LLC",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 236731,
    "year_built": 1966,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "Store yet base single environmental responsibility suddenly card without ago sister.",
          "estimated_repair_cost": 34836
        },
        {
          "defect_type": "plumbing issue",
          "severity": "medium",
          "recommendations": "School use maintain issue mention claim road left find brother paper."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Consumer mother four need treatment know alone including election quality item teacher.",
          "estimated_repair_cost": 7571
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 97864
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-11-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "mortgage",
        "description": "Environment test including development ground throw pull parent effect to recent serve rate fact local.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Single between tough trade appear would hundred most size for amount physical race.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "easement",
        "description": "Thank environmental as son join car land project seven how move in physical short stuff throughout moment may.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "individual",
      "eye",
      "yet",
      "old"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Craig LLC",
        "lease_start_date": "2021-04-30",
        "lease_end_date": "2030-08-31",
        "monthly_rent": 57869,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Taylor Inc",
        "lease_start_date": "2021-10-04",
        "lease_end_date": "2029-09-21",
        "monthly_rent": 56133,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Guzman LLC",
        "lease_start_date": "2023-12-28",
        "lease_end_date": "2032-03-07",
        "monthly_rent": 16938,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Collins-Lopez",
        "lease_start_date": "2021-10-26",
        "lease_end_date": "2032-04-12",
        "monthly_rent": 54213,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 90901
  }
}