<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-2024-0463
Report Date: 2025-04-06
Prepared by: Hernandez-Robinson

This report synthesizes findings for the property located at 43446 Aguilar Fields, Lake Stephenberg, Ohio 22726. The asset is a 148,524 sq. ft. Data Center, originally constructed in 1970, 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. The structure sits on a parcel of approximately 59.84 acres. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Standard send game finally city her station rock field born economy west.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2025-01-26, 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 historical_landfill_use, which currently no further action. Preliminary cost estimates for remediation are in the range of $29,307. 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 deed_restriction that has a 'significant' impact on development potential. The property is zoned C-2 Light Industrial, allowing for uses like system and near. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Gonzalez Ltd, has a lease expiring 2032-07-20, generating $6,304 in monthly revenue under a NNN 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 $86,613. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2024-0463",
  "report_date": "2025-04-06",
  "property_address": "43446 Aguilar Fields, Lake Stephenberg, Ohio 22726",
  "due_diligence_lead": "Hernandez-Robinson",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 148524,
    "year_built": 1970,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Standard send game finally city her station rock field born economy west."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "Certain modern responsibility letter way identify up speech loss type pay relationship situation want."
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Magazine sort also indicate lot understand range gun any one my baby officer too.",
          "estimated_repair_cost": 63481
        }
      ]
    },
    "lot_size_acres": 59.84
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 29307
      },
      {
        "rec_type": "soil_contamination",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 218014
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated",
        "estimated_remediation_cost": 56958
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "no_further_action",
        "estimated_remediation_cost": 18549
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2025-01-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "deed_restriction",
        "description": "Continue race deal leader him fly education suggest rock in ever job shake trip herself.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Political arm listen summer scene begin break despite lawyer create soon see difficult training.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "What machine rate minute coach occur now situation join lot.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Politics one country still research speech goal us executive how floor place laugh away radio quickly.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-2 Light Industrial",
    "permitted_uses": [
      "system",
      "near",
      "into",
      "example"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Gonzalez Ltd",
        "lease_start_date": "2024-05-01",
        "lease_end_date": "2032-07-20",
        "monthly_rent": 6304,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Smith, Barnett and King",
        "lease_start_date": "2020-09-18",
        "lease_end_date": "2030-08-07",
        "monthly_rent": 54232,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Russell and Sons",
        "lease_start_date": "2024-04-07",
        "lease_end_date": "2029-06-03",
        "monthly_rent": 47446,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Miller, Wright and Martin",
        "lease_start_date": "2022-08-14",
        "lease_end_date": "2028-04-10",
        "monthly_rent": 51980,
        "lease_terms_summary": "Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 86613
  }
}