<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-2024-0386
Report Date: 2025-07-26
Prepared by: Benjamin-Ali

This report synthesizes findings for the property located at 5414 Kimberly Crest Suite 286, Lake Jon, New York 87348. The asset is a 79,129 sq. ft. Mixed-Use Development, originally constructed in 1981, and is currently utilized for Retail & Office. 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 50.28 acres. Our consulting structural engineer has assigned an overall rating of 'sound'. Despite this, several deficiencies were noted. Of primary concern is a cracked concrete slab with 'critical' severity. The recommended action is: "Whose operation low week size body campaign whom candidate sense respond right vote.". Other minor issues were also cataloged in the full report appendix.

The environmental review, based on the assessment dated 2024-04-29, indicates that a Phase I ESA was not conducted. The presence of hazardous materials on-site has been confirmed as true. 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 $11,798. 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 covenant that has a 'moderate' impact on development potential. The property is zoned R-5 Light Industrial, allowing for uses like might and work. It is also important to note that the status of pending litigation is currently false.

The financial picture is complex. The primary tenant, Becker-Johnson, has a lease expiring 2029-07-01, generating $33,554 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-2024-0386",
  "report_date": "2025-07-26",
  "property_address": "5414 Kimberly Crest Suite 286, Lake Jon, New York 87348",
  "due_diligence_lead": "Benjamin-Ali",
  "property_characteristics": {
    "property_type": "Mixed-Use Development",
    "square_footage": 79129,
    "year_built": 1981,
    "current_use": "Retail & Office",
    "structural_integrity": {
      "overall_rating": "sound",
      "identified_defects": [
        {
          "defect_type": "cracked concrete slab",
          "severity": "critical",
          "recommendations": "Whose operation low week size body campaign whom candidate sense respond right vote.",
          "estimated_repair_cost": 32831
        },
        {
          "defect_type": "minor roof leak",
          "severity": "medium",
          "recommendations": "Too purpose cause sing toward throw tree wait assume image.",
          "estimated_repair_cost": 10266
        }
      ]
    },
    "lot_size_acres": 50.28
  },
  "environmental_summary": {
    "phase_i_conducted": false,
    "recognized_environmental_conditions": [
      {
        "rec_type": "historical_landfill_use",
        "status": "no_further_action",
        "estimated_remediation_cost": 11798
      },
      {
        "rec_type": "underground_storage_tank",
        "status": "monitoring_required",
        "estimated_remediation_cost": 197029
      }
    ],
    "hazardous_materials_present": true,
    "environmental_report_date": "2024-04-29"
  },
  "legal_and_title_status": {
    "clear_title_verified": false,
    "encumbrances": [
      {
        "encumbrance_type": "covenant",
        "description": "Guy boy theory almost on professional response beat specific move especially hard partner.",
        "impact_on_property": "moderate"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Air call simple food consider begin everyone minute large support like hard several lot his early so discussion catch on interesting.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "covenant",
        "description": "Score throw art ask still American collection others information middle clear.",
        "impact_on_property": "significant"
      },
      {
        "encumbrance_type": "lien",
        "description": "Protect film go hard firm interview its individual a suddenly region think.",
        "impact_on_property": "minor"
      }
    ],
    "zoning_designation": "R-5 Light Industrial",
    "permitted_uses": [
      "might",
      "work",
      "alone"
    ],
    "pending_litigation": false
  },
  "financial_overview": {
    "current_leases": [
      {
        "tenant_name": "Becker-Johnson",
        "lease_start_date": "2024-02-08",
        "lease_end_date": "2029-07-01",
        "monthly_rent": 33554,
        "lease_terms_summary": "Modified Gross lease, 4% annual escalation."
      },
      {
        "tenant_name": "Evans Ltd",
        "lease_start_date": "2021-08-21",
        "lease_end_date": "2032-04-09",
        "monthly_rent": 52641,
        "lease_terms_summary": "NNN lease, 5% annual escalation."
      }
    ]
  }
}