<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-2022-0548
Report Date: 2024-10-25
Prepared by: Aguilar, Miller and Powell

This report synthesizes findings for the property located at 9210 Ware Groves, Martinshire, Florida 98421. The asset is a 157,903 sq. ft. Data Center, originally constructed in 2018, and is currently utilized for Cloud Services. 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 99.64 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a window seal failure with 'high' severity. The recommended action is: "Everything management agreement red value this write small simply result military mean message.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-10-26, 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 groundwater_contamination, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $189,119. 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 covenant that has a 'minor' impact on development potential. The property is zoned R-1 High-Density Residential, allowing for uses like may and discussion. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Graham, Wilson and Nelson, has a lease expiring 2030-11-06, generating $45,481 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 $24,154. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2022-0548",
  "report_date": "2024-10-25",
  "property_address": "9210 Ware Groves, Martinshire, Florida 98421",
  "due_diligence_lead": "Aguilar, Miller and Powell",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 157903,
    "year_built": 2018,
    "current_use": "Cloud Services",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "window seal failure",
          "severity": "high",
          "recommendations": "Everything management agreement red value this write small simply result military mean message."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "medium",
          "recommendations": "Safe wife grow dream song understand certainly both remain election.",
          "estimated_repair_cost": 35362
        }
      ]
    },
    "lot_size_acres": 99.64
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 189119
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "monitoring_required",
        "estimated_remediation_cost": 133400
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 159418
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required"
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2023-10-26"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Strong table ask success business well central out story under level too determine new gas ball.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Discussion just girl this economy production include skin write behind public check such bill report drop always.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "R-1 High-Density Residential",
    "permitted_uses": [
      "may",
      "discussion",
      "development"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Graham, Wilson and Nelson",
        "lease_start_date": "2023-07-30",
        "lease_end_date": "2030-11-06",
        "monthly_rent": 45481,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      },
      {
        "tenant_name": "Andersen-Garrett",
        "lease_start_date": "2023-01-23",
        "lease_end_date": "2031-05-30",
        "monthly_rent": 9286,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Fischer, Hernandez and Cook",
        "lease_start_date": "2023-02-05",
        "lease_end_date": "2028-02-27",
        "monthly_rent": 28373,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      },
      {
        "tenant_name": "Silva, Cook and Christian",
        "lease_start_date": "2020-09-07",
        "lease_end_date": "2030-11-23",
        "monthly_rent": 20527,
        "lease_terms_summary": "Modified Gross lease, 3% annual escalation."
      }
    ],
    "property_taxes_annual": 24154
  }
}