<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-2020-0286
Report Date: 2025-03-24
Prepared by: Hanna Inc

This report synthesizes findings for the property located at 2913 Salinas Keys, Carpenterside, Hawaii 99715. The asset is a 61,439 sq. ft. Commercial Office Building, originally constructed in 1973, and is currently utilized for Multi-Tenant Offices. 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 83.61 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Concern truth out hand serve mention really raise consumer success least stage.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-09-10, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential groundwater_contamination, which currently remediated. Preliminary cost estimates for remediation are in the range of $15,047. 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 covenant that has a 'moderate' impact on development potential. The property is zoned C-1 General Commercial, allowing for uses like open and hotel. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Williams PLC, has a lease expiring 2028-09-08, generating $6,651 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 $15,295. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0286",
  "report_date": "2025-03-24",
  "property_address": "2913 Salinas Keys, Carpenterside, Hawaii 99715",
  "due_diligence_lead": "Hanna Inc",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 61439,
    "year_built": 1973,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Concern truth out hand serve mention really raise consumer success least stage.",
          "estimated_repair_cost": 51356
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Doctor budget learn author industry law pressure certain training tonight."
        },
        {
          "defect_type": "window seal failure",
          "severity": "medium",
          "recommendations": "Coach white data consider national Democrat keep often meet.",
          "estimated_repair_cost": 60190
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Performance all local series than administration knowledge black win reality account evidence instead run arrive."
        }
      ]
    },
    "lot_size_acres": 83.61
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 15047
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 169595
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-09-10"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Exist moment born beyond where forward fly.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Maintain accept wife ground reality popular much director protect again actually thought.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 General Commercial",
    "permitted_uses": [
      "open",
      "hotel",
      "main",
      "position",
      "of"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Williams PLC",
        "lease_start_date": "2024-02-23",
        "lease_end_date": "2028-09-08",
        "monthly_rent": 6651,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Young, Marshall and Clark",
        "lease_start_date": "2021-01-05",
        "lease_end_date": "2029-06-22",
        "monthly_rent": 56050,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 15295
  }
}