City of Novi - Retail Report
Data as of July, 2015 provided by CoStar report

Occupancy

Number of Buildings: 226
Total RBA: 6,326,353 sf
Total Vacant: 167,137 sf   (2.6%)
Occupied : 6,159,216 sf   (97.36%)

total Leased: 21,623 sf

Availability

Total Vacant Available: 162,457 sf   (2.6%)
Total Available: 506,383 sf   (8.0%)
Direct Total Available: 506,383 sf   (8.0%)
Sublet Available 0   (0%)

Leasing Activity

Total Net Absorption: 5,646 sf

Direct Triple Rent

Total Retail Avg Rate: $17.43 nnn