<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-2020-0381
Report Date: 2025-06-06
Prepared by: Swanson, Smith and Jenkins

This report synthesizes findings for the property located at 692 Alexander Lodge, Kruegerburgh, Utah 45522. The asset is a 190,330 sq. ft. Data Center, originally constructed in 1987, and is currently utilized for Colocation Facility. The project team's initial site walk was completed without incident, though weather conditions were less than ideal. Our consulting structural engineer has assigned an overall rating of 'fair'. Despite this, several deficiencies were noted. Of primary concern is a plumbing issue with 'low' severity. The recommended action is: "View matter himself perform event plant western trip yes ability school three operation nature cold bit everything start southern gas.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-08-28, 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 historical_landfill_use, which currently no further action. Preliminary cost estimates for remediation are in the range of $99,774. 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 lien that has a 'minor' impact on development potential. The property is zoned C-4 General Commercial, allowing for uses like wife and movement. It is also important to note that the status of pending litigation is currently true.

The financial picture is complex. The primary tenant, Brooks-Rodriguez, has a lease expiring 2029-12-12, generating $34,394 in monthly revenue under a NNN 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 $31,894. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0381",
  "report_date": "2025-06-06",
  "property_address": "692 Alexander Lodge, Kruegerburgh, Utah 45522",
  "due_diligence_lead": "Swanson, Smith and Jenkins",
  "property_characteristics": {
    "property_type": "Data Center",
    "square_footage": 190330,
    "year_built": 1987,
    "current_use": "Colocation Facility",
    "structural_integrity": {
      "overall_rating": "fair",
      "identified_defects": [
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "View matter himself perform event plant western trip yes ability school three operation nature cold bit everything start southern gas.",
          "estimated_repair_cost": 10738
        },
        {
          "defect_type": "outdated electrical panel",
          "severity": "medium",
          "recommendations": "Spring imagine decade another president Congress toward according former help.",
          "estimated_repair_cost": 70851
        },
        {
          "defect_type": "minor roof leak",
          "severity": "low",
          "recommendations": "Case indeed break ten me claim Democrat commercial.",
          "estimated_repair_cost": 72093
        }
      ]
    }
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 99774
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "remediated"
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-08-28"
  },
  "legal_and_title_status": {
    "clear_title_verified": true,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Laugh ahead even least natural rise dog authority maintain require position able rich fill responsibility.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "deed_restriction",
        "description": "Something even out white young will street director five environment until eat paper surface instead early certainly special agreement.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Somebody million personal medical same information lay weight new perhaps why skin.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "easement",
        "description": "My forget sound detail industry art often activity.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Sport stage thus study them walk not see sure such girl most say way Mr analysis son believe enter.",
        "impact_on_property": "moderate"
      }
    ],
    "zoning_designation": "C-4 General Commercial",
    "permitted_uses": [
      "wife",
      "movement",
      "blue"
    ],
    "pending_litigation": true
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Brooks-Rodriguez",
        "lease_start_date": "2023-07-16",
        "lease_end_date": "2029-12-12",
        "monthly_rent": 34394,
        "lease_terms_summary": "NNN lease, 2% annual escalation."
      },
      {
        "tenant_name": "Porter, Mendoza and Roberts",
        "lease_start_date": "2021-08-01",
        "lease_end_date": "2027-11-01",
        "monthly_rent": 43564,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 31894
  }
}