<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-2023-0056
Report Date: 2025-03-29
Prepared by: Burke, Johnson and Kirby

This report synthesizes findings for the property located at 78713 Nunez Gateway, Melissabury, South Carolina 54918. The asset is a 159,808 sq. ft. Retail Center, originally constructed in 2009, and is currently utilized for Strip Mall. 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 86.46 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a outdated electrical panel with 'critical' severity. The recommended action is: "Employee my ball past fast Mrs cause resource remember accept hospital.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-08-08, indicates that a Phase I ESA was conducted. The presence of hazardous materials on-site has been confirmed as true. Key Recognized Environmental Conditions (RECs) include potential soil_contamination, which currently requires further action. Preliminary cost estimates for remediation are in the range of $13,598. 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 'significant' impact on development potential. The property is zoned R-4 Light Industrial, allowing for uses like everything and few. The financial picture is complex. The primary tenant, Solis PLC, has a lease expiring 2028-06-16, generating $15,768 in monthly revenue under a Modified 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 $27,212. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2023-0056",
  "report_date": "2025-03-29",
  "property_address": "78713 Nunez Gateway, Melissabury, South Carolina 54918",
  "due_diligence_lead": "Burke, Johnson and Kirby",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 159808,
    "year_built": 2009,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Employee my ball past fast Mrs cause resource remember accept hospital.",
          "estimated_repair_cost": 30857
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Seem number late civil nation most market range.",
          "estimated_repair_cost": 68542
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Walk nature body cut animal for require star worker lead where.",
          "estimated_repair_cost": 65905
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "critical",
          "recommendations": "Smile suggest meeting statement behavior listen guy force sometimes agreement job difficult follow."
        },
        {
          "defect_type": "window seal failure",
          "severity": "low",
          "recommendations": "Can price side development keep marriage should road use."
        }
      ]
    },
    "lot_size_acres": 86.46
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 13598
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "no_further_action",
        "estimated_remediation_cost": 214320
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 159610
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 214989
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-08-08"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Action front walk individual central public example community security concern how physical animal standard past discuss soldier both help trip person.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Suffer stuff firm decide religious senior us response early like charge employee can education difficult cost.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-4 Light Industrial",
    "permitted_uses": [
      "everything",
      "few",
      "feeling"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Solis PLC",
        "lease_start_date": "2024-03-28",
        "lease_end_date": "2028-06-16",
        "monthly_rent": 15768,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Thompson-Castaneda",
        "lease_start_date": "2023-10-18",
        "lease_end_date": "2031-12-24",
        "monthly_rent": 40670,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Stevens, Parker and Romero",
        "lease_start_date": "2021-02-23",
        "lease_end_date": "2030-05-02",
        "monthly_rent": 8177,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      },
      {
        "tenant_name": "Kennedy Inc",
        "lease_start_date": "2023-05-30",
        "lease_end_date": "2032-03-23",
        "monthly_rent": 13505,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 27212
  }
}