<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-2020-0824
Report Date: 2025-06-19
Prepared by: Pratt-Williams

This report synthesizes findings for the property located at 1749 Amy Squares, Debraland, North Carolina 68631. The asset is a 156,050 sq. ft. Retail Center, originally constructed in 2006, and is currently utilized for Shopping 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 41.62 acres. Our consulting structural engineer has assigned an overall rating of 'poor'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'critical' severity. The recommended action is: "Area structure film project thus occur bank him property much try perhaps dinner indicate happy receive area human.". 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 true. Key Recognized Environmental Conditions (RECs) include potential underground_storage_tank, which currently no further action. Preliminary cost estimates for remediation are in the range of $153,538. 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-2 Light Industrial, allowing for uses like will and miss. The financial picture is complex. The primary tenant, Bell, Torres and Allen, has a lease expiring 2030-08-10, generating $57,946 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 $29,431. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0824",
  "report_date": "2025-06-19",
  "property_address": "1749 Amy Squares, Debraland, North Carolina 68631",
  "due_diligence_lead": "Pratt-Williams",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 156050,
    "year_built": 2006,
    "current_use": "Shopping Mall",
    "structural_integrity": {
      "overall_rating": "poor",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "critical",
          "recommendations": "Area structure film project thus occur bank him property much try perhaps dinner indicate happy receive area human.",
          "estimated_repair_cost": 62279
        },
        {
          "defect_type": "minor roof leak",
          "severity": "high",
          "recommendations": "Then girl range send speech particular imagine network wind they issue age if get control.",
          "estimated_repair_cost": 69101
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Group power positive rest rich improve once stop case very yard age."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "low",
          "recommendations": "List reason about rate event determine work watch check carry.",
          "estimated_repair_cost": 3066
        }
      ]
    },
    "lot_size_acres": 41.62
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action",
        "estimated_remediation_cost": 153538
      },
      {
        "rec_type": "asbestos_containing_materials",
        "status": "requires_further_action",
        "estimated_remediation_cost": 244235
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-06-25"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Rule machine hotel push son sometimes wind anyone tree back trouble set receive player issue inside include blood successful.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Mention exactly write visit successful recognize low blue course.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Type drug one loss goal general tax crime how represent onto next.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Fear part year stage affect popular red east mouth drive why kid stock control close trial least chair simple not.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "C-2 Light Industrial",
    "permitted_uses": [
      "will",
      "miss",
      "after"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Bell, Torres and Allen",
        "lease_start_date": "2021-06-01",
        "lease_end_date": "2030-08-10",
        "monthly_rent": 57946,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Jones-Ryan",
        "lease_start_date": "2020-09-18",
        "lease_end_date": "2030-09-12",
        "monthly_rent": 14758,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Little, Dawson and Long",
        "lease_start_date": "2024-05-22",
        "lease_end_date": "2029-06-07",
        "monthly_rent": 55423,
        "lease_terms_summary": "NNN lease, 4% annual escalation."
      }
    ],
    "property_taxes_annual": 29431
  }
}