Zoned Properties enters amended leases with $9M purchase option for three cannabis properties

Zoned Properties, Inc.

Entered 14-year A&R leases for three Arizona cannabis properties, contingent on tenant change of control to A&R Consultants.
Purchase option allows tenants to buy all three properties for $9.0M aggregate; option expires March 30, 2026.
Seller financing of $5.0M at 7% over 36 months with balloon; $4M cash down required.
Consent agreement for Chino Valley property requires $389,984 past-due rent and $965,000 rent concession fee at closing.
Existing guarantor released; A&R Consultants to provide new guaranty of payment.

item 1.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zoned Properties, Inc. amended A&R Leases with Broken Arrow Herbal Center, Inc. and CJK, Inc. (effective 2025-12-31).

Action: amendment
Agreement: lease
Counterparty: Broken Arrow Herbal Center, Inc. and CJK, Inc.
Effective: 2025-12-31

Exact text from the filing

On December 31, 2025, Zoned Properties, Inc. (the “Company”), through its indirect wholly owned subsidiaries Chino Valley Properties, LLC, Green Valley Group, LLC and Kingman Property Group, LLC (collectively, the “Landlords”), entered into Amended and Restated Absolute Net Lease Agreements (the “A&R Leases”) with the respective tenant entities Broken Arrow Herbal Center, Inc. (Chino Valley and Green Valley) and CJK, Inc. (Kingman) (each, a “Tenant”), each with an effective date of January 1, 2026.

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Zoned Properties, Inc. entered into Consent Agreement with Broken Arrow Herbal Center, Inc., AC Management Group, LLC, A&R Consultants, LLC and Elevate Holdings, Group, LLC (effective 2025-12-30).

Action: entry
Agreement: lease
Counterparty: Broken Arrow Herbal Center, Inc., AC Management Group, LLC, A&R Consultants, LLC and Elevate Holdings, Group, LLC
Effective: 2025-12-30

Exact text from the filing

on December 30, 2025, the Company, through Chino Valley Properties, LLC, entered into a Consent of Landlord and Agreement Regarding Lease (the “Consent Agreement”) with Broken Arrow Herbal Center, Inc., AC Management Group, LLC (the existing guarantor), A&R Consultants, LLC (the new guarantor) and Elevate Holdings, Group, LLC.

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307 material agreements filed in the last 30 days. Browse all material agreements →

Zoned Properties, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-26-001100

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