LogoDispense
Live
System Online · All Nodes Active · Last sync 00:00:14 ago
+0.8% QoQ
97.4%
Portfolio Occupancy
Across 847 locations
Stable
6.2 yrs
Avg Lease Term Remaining
Weighted by NNN exposure
Favorable
−2.1%
CAM Variance YTD
vs. landlord reconciliation
This fiscal year
$3.8M
Annual Savings Captured
Recovered from audit cycle

Pharmacy Real Estate Intelligence

Triple-net lease negotiation, CAM reconciliation, and occupancy cost intelligence — purpose-built for pharmacy operators managing 15 to 500+ locations.

847
Locations Managed
34
States Covered
91%
Avg CAM Dispute Win Rate
1,240+
Lease Audits Completed
Scroll
01 // The Problem

Your current manager sees a spreadsheet.
We run a command center.

Lease_Master_FINAL_v3_REVISED.xlsx⚠ 14 errors
Property_ID · Address · Landlord · BaseRent · CAM_Est · CAM_Act · Variance · LeaseStart · LeaseEnd · Options · TI_Balance · Notes
Property_ID,Addr,Landlord,BaseRent,CAM_Est,CAM_Act,Variance,LeaseStart,LeaseEnd,Options,TI_Balance,...
RX-0042,"2847 Maple Ave, Columbus OH",Meridian RE Partners LLC,$18,400,$2,100,$2,847,-$747,2019-03-01,2026-02-28,2x5yr,$0,...
RX-0043,"901 University Blvd, Dayton OH",Crossroads Capital,$15,200,$1,800,????,MISSING,2018-07-15,2025-07-14,1x5yr,$12,000,...
RX-0044,"4400 Broad St, Columbus OH",NNN Holdings III,$22,100,$2,400,$2,411,-$11,2020-01-01,2027-12-31,2x5yr,$0,...
RX-0045,"1200 E Main St, Springfield OH",Unknown/TBD,$16,500,$1,950,$3,100,-$1,150,2017-09-01,2024-08-31,EXPIRED,$8,400,...
RX-0046,"8800 Cleveland Ave, Westerville OH",Sunrise Properties,$19,800,$2,200,$2,198,$2,2021-06-01,2028-05-31,1x5yr,$0,...
RX-0047,"333 W 5th St, Hamilton OH",#REF!,$21,000,$2,300,#VALUE!,#VALUE!,2019-11-01,2026-10-31,2x5yr,PENDING,...
RX-0048,"670 N Broad St, Lancaster OH",Heritage NNN Fund,$14,400,$1,700,$1,699,$1,2020-04-01,2027-03-31,2x5yr,$0,...
RX-0049,"2100 Morse Rd, Columbus OH",Devonshire RE,$23,500,$2,600,????,MISSING,2018-02-01,2025-01-31,1x5yr,$15,000,...
↑ Typical property manager deliverable
Dispense · Portfolio Dashboard
LIVEUpdated 14s ago
Location IDAddressStatusCAM Variance
RX-00422847 Maple Ave, ColumbusActive−$747
RX-0043901 University Blvd, DaytonAuditPending
RX-00444400 Broad St, ColumbusActive−$11
RX-00451200 E Main St, SpringfieldExpired−$1,150
RX-00468800 Cleveland Ave, WestervilleActive+$2
RX-0047333 W 5th St, HamiltonErrorError
Total CAM Variance Flagged−$1,908 / mo
02 // The Comparison

Six dimensions. One clear winner.

Every row below represents real money. Watch it light up.

Dimension
Dispense
Generic Manager
Lease Audit Depth
100% clause coverage
Full clause-by-clause NNN review + historical reconciliation
~15% coverage
Annual rent roll snapshot only
CAM Reconciliation Speed
72 hrs avg
72-hour turnaround on landlord statements
4–8 weeks
4–8 week manual review cycle
Tenant Improvement Oversight
$0 left unclaimed
TI allowance tracking with landlord milestone billing
Avg $12K/location lost
No systematic tracking
Renewal Forecasting
18-mo advance window
18-month rolling renewal calendar with market comp analysis
90-day notice only
Notice sent 90 days before expiration
Reporting Cadence
Live + monthly + quarterly
Live dashboard + monthly executive summary + quarterly deep-dive
Annual only
Annual PDF report
Cost Per Location (Mgmt Fee)
Avg $180/location/mo
Performance-linked, scales with savings captured
Avg $340/location/mo
Flat % of base rent regardless of outcome

Based on 1,240+ lease audits across 34 states

03 // Case Study · Midwest Regional Chain

$620K recovered.
First audit cycle.

Total Recovery
$0

Overbilled CAM charges recovered from landlords across a 42-location Midwest pharmacy chain. Zero litigation. 100% negotiated.

Locations
0
Chain pharmacies audited
Timeline
0 wks
Audit to settlement
Audit Timeline
Week 1–2
Full lease audit across 42 locations
Week 3–4
CAM reconciliation vs. landlord statements (3 years)
Week 5–6
Dispute letters issued to 18 landlords
Week 7–10
Negotiations + settlements
Week 11–12
$620,400 recovered. Credit applied.

"We'd been with the same property manager for six years. We had no idea we were being overbilled on CAM at 31 of our 42 locations. Dispense found it in the first audit and had it settled in under three months."

David Kowalski
CFO · Heartland Pharmacy Group · 42 Locations · Ohio
04 // Your Turn

How much is your current manager
leaving on the table?

Two fields. Thirty seconds. We'll show you the gap.

Portfolio Comparison
Primary Path

Enter your portfolio size and annual occupancy cost. We'll model the gap against our benchmark database of 847 managed locations.

Lease Audit Checklist
Secondary Path

Download our 47-point Pharmacy Lease Audit Checklist — the same framework we use on every new client engagement. Free, no strings.

CAM cap provisions & exclusions
Co-tenancy clauses & dark anchor risk
Option period rent escalation formulas
HVAC & roof replacement responsibility
+ 43 more items
No spam. No sales calls without permission.
SOC 2 Type II compliant data handling
Response within 24 business hours