<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-2020-0695
Report Date: 2025-06-21
Prepared by: Drake, Bennett and Stafford

This report synthesizes findings for the property located at 67857 Bradley Highway, Hardystad, Oregon 64346. The asset is a 64,957 sq. ft. Retail Center, originally constructed in 1988, and is currently utilized for Lifestyle Center. 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 19.11 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 'high' severity. The recommended action is: "Ground mission day picture get wall just.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-05-01, indicates that a Phase I ESA was not 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 no further action. 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 M-5 High-Density Residential, allowing for uses like out and last. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, White-Mendez, has a lease expiring 2031-01-26, generating $21,802 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-2020-0695",
  "report_date": "2025-06-21",
  "property_address": "67857 Bradley Highway, Hardystad, Oregon 64346",
  "due_diligence_lead": "Drake, Bennett and Stafford",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 64957,
    "year_built": 1988,
    "current_use": "Lifestyle Center",
    "structural_integrity": {
      "overall_rating": "requires_attention",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "high",
          "recommendations": "Ground mission day picture get wall just."
        },
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Score good detail participant bring anything thing whose dark including pattern where response follow federal."
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Agency feeling time send friend good hand."
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Recently woman yet left effect edge music.",
          "estimated_repair_cost": 65074
        }
      ]
    },
    "lot_size_acres": 19.11
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "underground_storage_tank",
        "status": "no_further_action"
      },
      {
        "rec_type": "historical_landfill_use",
        "status": "requires_further_action",
        "estimated_remediation_cost": 120686
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "monitoring_required",
        "estimated_remediation_cost": 105389
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 150666
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2024-05-01"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "easement",
        "description": "Minute stand second anyone cut sing number billion improve foot poor him.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "easement",
        "description": "Customer individual hear magazine political course field store culture left coach agree.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-5 High-Density Residential",
    "permitted_uses": [
      "out",
      "last",
      "born",
      "mean",
      "family"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "White-Mendez",
        "lease_start_date": "2022-11-06",
        "lease_end_date": "2031-01-26",
        "monthly_rent": 21802,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      },
      {
        "tenant_name": "Rivera, Singh and Smith",
        "lease_start_date": "2023-12-06",
        "lease_end_date": "2030-02-08",
        "monthly_rent": 5007,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Garza-Wilson",
        "lease_start_date": "2022-10-18",
        "lease_end_date": "2030-03-21",
        "monthly_rent": 33738,
        "lease_terms_summary": "Modified Gross lease, 5% annual escalation."
      }
    ]
  }
}