Zoned Properties, Inc. 8-K

What Happened Zoned Properties, Inc. reported that through its subsidiaries it closed the sale of two Arizona properties on June 30, 2026 and received a cash payment of $1.0 million. The sales were made under a Real Estate Purchase and Sale Agreement dated April 20, 2026 with Broken Arrow Herbal Center, Inc.; the $1.0M represents $0.5M allocated to the Green Valley property and $0.5M to the Kingman property. The purchaser exercised a contractual extension for the closing of the third property (Chino Valley) to August 31, 2026, with a further extension right to September 30, 2026.

Key Details

• Purchase Agreement parties: Zoned’s subsidiaries (Green Valley Group, LLC; Kingman Property Group, LLC; Chino Valley Properties, LLC) and Broken Arrow Herbal Center, Inc.
• Properties involved: Green Valley (1732 W. Commerce Point Pl., Green Valley, AZ), Kingman (2095 E. Northern Ave., Kingman, AZ), Chino Valley (2144–2148 N. Road 1 East, Chino Valley, AZ).
• Cash received: $1,000,000 on June 30, 2026 (allocated $0.5M each to Green Valley and Kingman).
• Timing for remaining sale: Chino Valley closing extended to Aug 31, 2026 (purchaser may extend to Sept 30, 2026).

Why It Matters This filing documents a completed disposition of two properties and an immediate $1.0M cash inflow, which affects Zoned’s liquidity and reduces its real estate holdings. Investors should note the remaining Chino Valley sale is not yet closed but is contractually extended, so potential additional proceeds remain pending. The April 20, 2026 Purchase Agreement previously filed as an exhibit provides the full terms.