secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001213900-26-046596
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoned Properties agrees to sell three Arizona properties for $9M to tenant Broken Arrow Herbal Center
--------------------------------------------------------------------------------

- Sale price $9.0M: $8M for Chino Valley, $500K each for Kingman and Green Valley properties.
- Terms: $4M cash at closing plus $5M promissory note secured by deed of trust.
- Closing scheduled June 30, 2026; buyer can extend to Aug 31 or Sept 30, 2026.
- Purchaser currently leases these properties under Amended Absolute Net Leases dated Jan 1, 2026.
- Deposit of $400K required; $100 is independent contract consideration to Seller.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026046596/0001213900-26-046596-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390026046596/ea0286863-8k_zoned.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-046596

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer