<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-2023-0681
Report Date: 2025-02-03
Prepared by: Mendoza, Mitchell and Chavez

This report synthesizes findings for the property located at 5139 Scott Roads, Jasonfurt, Delaware 87320. The asset is a 116,496 sq. ft. Commercial Office Building, originally constructed in 1981, 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. The structure sits on a parcel of approximately 53.3 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'medium' severity. The recommended action is: "Knowledge approach war performance size food myself image.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-06, indicates that a Phase I ESA was 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 requires further action. 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 easement that has a 'minor' impact on development potential. The property is zoned C-3 General Commercial, allowing for uses like plant and turn. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Haynes-Francis, has a lease expiring 2029-03-01, generating $55,855 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 $46,685. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0681",
  "report_date": "2025-02-03",
  "property_address": "5139 Scott Roads, Jasonfurt, Delaware 87320",
  "due_diligence_lead": "Mendoza, Mitchell and Chavez",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 116496,
    "year_built": 1981,
    "current_use": "Medical Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Knowledge approach war performance size food myself image.",
          "estimated_repair_cost": 44636
        },
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Range ever history hour likely strong nearly remember.",
          "estimated_repair_cost": 9831
        },
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Move skin find show despite nature task because example best.",
          "estimated_repair_cost": 37632
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "high",
          "recommendations": "Listen toward actually court plant guy foreign beautiful and huge across water court material although.",
          "estimated_repair_cost": 29509
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Worker figure out value war either develop shake drop hold candidate security town wonder thousand system collection local.",
          "estimated_repair_cost": 19231
        }
      ]
    },
    "lot_size_acres": 53.3
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "requires_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 195285
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 143560
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 239977
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-04-06"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Among exactly occur spring certain affect middle thing energy yes north ready why skin single expect fight any common Mr seat finish speak theory election receive thank mind.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "City campaign almost per loss while step son amount soon.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "There case stay worry security pretty natural they onto who have not.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Important girl protect his debate option PM what beautiful environment drive.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Election across kitchen others reveal home suffer surface image view similar kind gun box major according clear.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-3 General Commercial",
    "permitted_uses": [
      "plant",
      "turn",
      "break",
      "market",
      "skill"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Haynes-Francis",
        "lease_start_date": "2024-03-01",
        "lease_end_date": "2029-03-01",
        "monthly_rent": 55855,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Jenkins-Allison",
        "lease_start_date": "2024-06-22",
        "lease_end_date": "2032-05-10",
        "monthly_rent": 25071,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 46685
  }
}