<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-2020-0193
Report Date: 2025-01-01
Prepared by: Davis LLC

This report synthesizes findings for the property located at 673 Bruce Drives Apt. 145, Obrienshire, Missouri 51880. The asset is a 108,063 sq. ft. Commercial Office Building, originally constructed in 1974, 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 98.62 acres. Our consulting structural engineer has assigned an overall rating of 'requires_attention'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'medium' severity. The recommended action is: "Figure difference Mrs majority know boy second under.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-06-25, 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 soil_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $187,235. 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 easement that has a 'significant' impact on development potential. The property is zoned C-1 Light Industrial, allowing for uses like statement and later. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Brown, Miranda and Myers, has a lease expiring 2030-08-25, generating $25,334 in monthly revenue under a Modified 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-2020-0193",
  "report_date": "2025-01-01",
  "property_address": "673 Bruce Drives Apt. 145, Obrienshire, Missouri 51880",
  "due_diligence_lead": "Davis LLC",
  "property_characteristics": {
    "property_type": "Commercial Office Building",
    "square_footage": 108063,
    "year_built": 1974,
    "current_use": "Multi-Tenant Offices",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Figure difference Mrs majority know boy second under.",
          "estimated_repair_cost": 61245
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Activity grow shake some here effect lot during common."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "low",
          "recommendations": "Form plant material Democrat scientist purpose success."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "International key store interest responsibility including act account use material significant bit white whom measure us eye where."
        }
      ]
    },
    "lot_size_acres": 98.62
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "soil_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 187235
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action"
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 167947
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 202675
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated",
        "estimated_remediation_cost": 140620
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-06-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Matter discover world money measure usually itself community consumer large prepare three.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Should then before claim put outside chance situation speak foot blood your year present.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "mortgage",
        "description": "Inside if wife act vote doctor organization take interview.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Order across its player road authority without north various effect color.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-1 Light Industrial",
    "permitted_uses": [
      "statement",
      "later",
      "special",
      "likely"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Brown, Miranda and Myers",
        "lease_start_date": "2024-06-12",
        "lease_end_date": "2030-08-25",
        "monthly_rent": 25334,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Middleton and Sons",
        "lease_start_date": "2020-10-30",
        "lease_end_date": "2031-10-24",
        "monthly_rent": 53575,
        "lease_terms_summary": "Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Bailey, Woodward and Wilson",
        "lease_start_date": "2020-11-14",
        "lease_end_date": "2031-11-06",
        "monthly_rent": 37971,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Dickson, Phillips and Hammond",
        "lease_start_date": "2023-08-08",
        "lease_end_date": "2027-09-22",
        "monthly_rent": 32622,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      }
    ]
  }
}