<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-2020-0544
Report Date: 2025-01-11
Prepared by: Moore-Christensen

This report synthesizes findings for the property located at 5316 Monica Islands, New Joshua, Delaware 76040. The asset is a 87,229 sq. ft. Retail Center, originally constructed in 1965, and is currently utilized for Strip 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 97.16 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a minor roof leak with 'critical' severity. The recommended action is: "Need analysis score than take real skill news such after.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2023-12-15, 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 asbestos_containing_materials, which currently monitoring required. Preliminary cost estimates for remediation are in the range of $67,574. From a legal standpoint, the title search is ongoing, and as of this report, clear title verification is false. We have noted multiple encumbrances, such as a lien that has a 'moderate' impact on development potential. The property is zoned M-3 High-Density Residential, allowing for uses like on and need. The financial picture is complex. The primary tenant, Zamora Ltd, has a lease expiring 2029-07-11, generating $34,984 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 $33,103. Further financial analysis is recommended.</data>
{
  "property_id": "PROP-DD-2020-0544",
  "report_date": "2025-01-11",
  "property_address": "5316 Monica Islands, New Joshua, Delaware 76040",
  "due_diligence_lead": "Moore-Christensen",
  "property_characteristics": {
    "property_type": "Retail Center",
    "square_footage": 87229,
    "year_built": 1965,
    "current_use": "Strip Mall",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "minor roof leak",
          "severity": "critical",
          "recommendations": "Need analysis score than take real skill news such after.",
          "estimated_repair_cost": 42672
        },
        {
          "defect_type": "HVAC malfunction",
          "severity": "medium",
          "recommendations": "Miss may order well will knowledge."
        },
        {
          "defect_type": "plumbing issue",
          "severity": "low",
          "recommendations": "Those data specific peace group forward safe key support value summer radio whatever.",
          "estimated_repair_cost": 18604
        }
      ]
    },
    "lot_size_acres": 97.16
  },
  "environmental_summary": {
    "phase_i_conducted": true,
    "recognized_environmental_conditions": [
      {
        "rec_type": "asbestos_containing_materials",
        "status": "monitoring_required",
        "estimated_remediation_cost": 67574
      },
      {
        "rec_type": "groundwater_contamination",
        "status": "requires_further_action",
        "estimated_remediation_cost": 62117
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "remediated",
        "estimated_remediation_cost": 179672
      }
    ],
    "hazardous_materials_present": false,
    "environmental_report_date": "2023-12-15"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "lien",
        "description": "Magazine glass dream free development hundred factor.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Turn eight wonder return there myself professional.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Ball media us hospital heavy theory food run small.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "lien",
        "description": "Give prevent window Congress art entire already their break perhaps wrong soon democratic.",
        "impact_on_property": "minor"
      },
      {
        "encumbrance_type": "lien",
        "description": "Can day school discussion collection always culture add sister magazine process sell eight speech executive economic.",
        "impact_on_property": "significant"
      }
    ],
    "zoning_designation": "M-3 High-Density Residential",
    "permitted_uses": [
      "on",
      "need",
      "budget"
    ]
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Zamora Ltd",
        "lease_start_date": "2021-04-30",
        "lease_end_date": "2029-07-11",
        "monthly_rent": 34984,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Ball and Sons",
        "lease_start_date": "2022-03-04",
        "lease_end_date": "2032-01-01",
        "monthly_rent": 41830,
        "lease_terms_summary": "Modified Gross lease, 2% annual escalation."
      },
      {
        "tenant_name": "Gonzalez PLC",
        "lease_start_date": "2020-11-22",
        "lease_end_date": "2028-08-10",
        "monthly_rent": 55462,
        "lease_terms_summary": "Gross lease, 2% annual escalation."
      }
    ],
    "property_taxes_annual": 33103
  }
}