$ZDPY News: Zoned Properties Sells Note on Safford, Arizona Dispensary for 23.5% Gain in 3 Months

SCOTTSDALE, Arizona, (http://www.financialnewsmedia.com News Alert) - Zoned Properties, Inc. (OTC: ZDPY) http://www.zonedproperties.com, a lessor of land, facilities, and equipment to the medical marijuana market has announced that it has monetized the note on the Safford, Arizona dispensary location for an annualized return of almost 94%. The company says this is their first booked profit and should serve as a template for transactions of this kind going forward.



Monetizing Note for $210,500 Books First Profit of 2014 and Establishes Proof Of Concept For Model



Zoned Properties, Inc. V.P. of Operations and Chief Sustainability Officer Bryan McLaren stated, \"Although this was a relatively small transaction, the basis for it is representative of our company mission - finding uniquely zoned properties, acquiring them, and either leasing or selling them for a profit. We are happy to have booked a nice profit in such a short amount of time, and are focusing on moving on to larger regional markets that will provide potential for larger returns for our shareholders.\"



CEO Marc Brannigan added, \"The Safford note transaction is something we are looking to do on a much grander scale. We are excited to have a template in place and a successful transaction already accomplished in short order. We were able to quickly get a return on our initial investment and are now going to focus on bigger transactions in the marketplace. In addition, we had concerns about the long-term profitability and prosperity of this particular dispensary.\"



About Zoned Properties[SM], Inc.:



Zoned Properties[SM], Inc. is a strategic real estate investment firm whose primary focus is acquiring commercial properties that face unique zoning challenges. Zoned Properties[SM], Inc. will acquire commercial properties zoned within a variety of usage types such as industrial, agricultural, as well as mixed use. Zoned Properties[SM], Inc. also targets commercial properties that can be acquired and potentially re-zoned for specific purposes.



For more information please visit http://www.zonedproperties.com



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