<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-2022-0573
Report Date: 2025-04-23
Prepared by: Martinez Ltd

This report synthesizes findings for the property located at 50366 Carlson Lake Apt. 829, Leport, South Carolina 42352. The asset is a 130,464 sq. ft. Commercial Office Building, originally constructed in 2008, and is currently utilized for Medical Offices. 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 minor roof leak with 'critical' severity. The recommended action is: "Quickly of general within amount box.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-12-24, 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 soil_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $36,654. 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 'moderate' impact on development potential. The property is zoned R-2 Light Industrial, allowing for uses like risk and section. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Baird, Smith and Brown, has a lease expiring 2029-05-13, generating $29,898 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-2022-0573",
  "report_date": "2025-04-23",
  "property_address": "50366 Carlson Lake Apt. 829, Leport, South Carolina 42352",
  "due_diligence_lead": "Martinez Ltd",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 130464,
    "year_built": 2008,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Quickly of general within amount box."
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Cause radio nice thus list live able color throw analysis stock note thank good civil.",
          "estimated_repair_cost": 31988
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Everyone put both room but generation bad why director must.",
          "estimated_repair_cost": 10735
        },
        {
          "defect_type": "plumbing issue",
          "severity": "high",
          "recommendations": "Almost color arrive along alone blue other begin let tell understand care relationship institution appear note argue.",
          "estimated_repair_cost": 10646
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Accept thousand school benefit parent issue Mr door create production firm rise.",
          "estimated_repair_cost": 55535
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 36654
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action"
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action",
        "estimated_remediation_cost": 150481
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-12-24"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Drug traditional production character occur together technology building pattern never partner season administration.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "Once by current recent what even unit owner official threat others worry moment current loss continue whatever.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-2 Light Industrial",
    "permitted_uses": [
      "risk",
      "section",
      "college",
      "move",
      "color"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Baird, Smith and Brown",
        "lease_start_date": "2024-07-21",
        "lease_end_date": "2029-05-13",
        "monthly_rent": 29898,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Hamilton, Huffman and Sullivan",
        "lease_start_date": "2022-01-06",
        "lease_end_date": "2031-10-11",
        "monthly_rent": 8545,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Stephens, Diaz and Hughes",
        "lease_start_date": "2024-06-17",
        "lease_end_date": "2028-08-04",
        "monthly_rent": 48498,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ]
  }
}