{"url_path":"/sec/zdpy/8-k/2026-07-06/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Information.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1279620/0001213900-26-075185-index.html","accession_number":"0001213900-26-075185","cik":"0001279620","ticker":"ZDPY","issuer_name":"Zoned Properties, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1279620/0001213900-26-075185-index.html","primary_entity_key":"0001279620","primary_entity_name":"Zoned Properties, Inc."},"word_count":351,"has_tables":true,"body_markdown":"**Item 8.01. Other Information.**\n\n \n\nAs previously reported in a Current Report on\nForm 8-K filed with the Securities and Exchange Commission (the “SEC”) on April 22, 2026 by Zoned Properties, Inc. (the “Company”)\non April 20, 2026, the Company through its wholly owned subsidiaries, Green Valley Group, LLC, an Arizona limited liability company, Kingman\nProperty Group, LLC, an Arizona limited liability company, and Chino Valley Properties, LLC, an Arizona limited liability company (collectively,\nthe “Seller”), entered into a Real Estate Purchase and Sale Agreement (the “Purchase Agreement”) with Broken Arrow\nHerbal Center, Inc., an Arizona corporation (the “Purchaser”), pursuant to which the Seller agreed to sell to the Purchaser\nthree properties consisting of (i) property commonly known as 1732 W. Commerce Point Place, Green Valley, Arizona 85614 (the “Green\nValley Property”), (ii) property commonly known as 2095 E. Northern Avenue, Kingman, Arizona 86409 (the “Kingman Property”),\nand (iii) property commonly known as 2144-2148 N. Road 1 East, Chino Valley, Arizona 86323 (the “Chino Property” and collectively\nwith the Green Valley Property and Kingman Property, the “Properties”).\n\n \n\nOn June 30, 2026, the closing with respect to\nthe Green Valley Property and the Kingman Property was effectuated, and the Purchaser timely exercised its right under the Purchase Agreement\nto extend the closing date with respect to the Chino Property to August 31, 2026, subject to the Purchaser’s right to extend such\nclosing date to September 30, 2026, on the terms and conditions set forth in the Purchase Agreement. Accordingly, on June 30, 2026, the\nPurchaser delivered a cash payment of $1.0 million, representing the portion of the aggregate purchase price for the Properties allocated\nto these two properties under the Purchase Agreement ($0.5 million for the Green Valley Property and $0.5 million for the Kingman Property).\n\n \n\nThe foregoing description of the Purchase Agreement\ndoes not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase Agreement, a copy of which\nwas filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on April 22, 2026, and is incorporated herein by reference."}