I'm not familiar with the term, "struct 1" plywood. I suspect it is CDX which may be great for sheathing a house but too many voids for teardrop building in my opinion.
I think you'll find a consensus here that 15/32" plywood is too thick (and heavy) for the sheathing parts of a sandwiched wall. I like 1/4" plywood
subflooring* for the inside/outside and 3/4" AC plywood for the core of the wall. Get on the phone and ask around who has 1/4" plywood subflooring and go look at it. (Look for voids on the edges) The stuff I get here is higher in quality than 1/4" AC plywood and a bit cheaper.

Tony
* The stuff is stamped "for moist environments" and you can throw a scap in a bucket of water and it won't delaminate.