Monitor ZDPY's next 10-Q to confirm receipt of the $4 million cash payment and understand how the company plans to use the proceeds. The seller financing creates credit risk that should be evaluated in future filings.
Price Chart
Executive Summary
Zoned Properties, Inc. (ZDPY) agreed to sell three Arizona properties to its tenant, Broken Arrow Herbal Center, for $9 million. The sale includes $4 million in cash and $5 million in seller-financed debt, with closing expected by June 30, 2026. This transaction monetizes assets under an existing lease option.
Key Financial Metrics
Key Facts
- ZDPY subsidiary sold three properties in Green Valley, Kingman, and Chino Valley, Arizona to tenant Broken Arrow Herbal Center for $9 million
- Purchase price consists of $4 million cash and $5 million promissory note secured by deed of trust
- Buyer exercised existing purchase option from lease agreements
- Closing scheduled for June 30, 2026, with possible extensions to August 31 or September 30, 2026
- Properties sold 'as-is' with limited seller representations
Financial Impact
$9 million total value with $4 million immediate cash proceeds and $5 million in seller financing
Risk Factors
- Buyer may default on the $5 million promissory note, creating credit risk for ZDPY
- Extension of closing dates to August or September 2026 introduces timing uncertainty
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-046596 |
| Document: ea0286863-8k_zoned.htm | 0001213900-26-046596 |
| Document: 0001213900-26-046596-index-headers.html | 0001213900-26-046596 |
| Document: 0001213900-26-046596-index.html | 0001213900-26-046596 |
| Document: 0001213900-26-046596.txt | 0001213900-26-046596 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 25d ago | 8-K | $0.4240 | awaiting T+60 | — | $0.4700 (+10.85%) |
Jul 30, 2026 12w ago | DEFM14A | $0.4690 $0.4700 | ▲ +0.21% | ▼ −2.51% | $0.4700 (+0.21%) |
Jul 6, 2026 16w ago | 8-K | $0.4600 $0.4240 | ▼ −7.83% | ▼ −9.99% | $0.4700 (+2.17%) |
Jun 12, 2026 19w ago | PREM14A | $0.5000 $0.4550 | ▼ −9.00% | ▼ −10.26% | $0.4700 (−6.00%) |
Apr 22, 2026 26w ago | 8-K | $0.4030 $0.4680 | ▲ +16.13% | ▲ +11.11% | $0.4700 (+16.63%) |
Apr 1, 2026 29w ago | 8-K | $0.4300 $0.4550 | ▼ −5.81% | ▲ +8.35% | $0.4700 (−9.30%) |
US Market Status
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