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Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />4.3Average Lease and Vacancy Rates for Retail Space in the Metro Area <br />* Data is Q1 2017 to Q4 2022 <br />Source: CoStar; LOCi Consulting LLC <br />4.4Net 12-Month Absorption for Retail Space in the Metro Area <br />* Data is Q1 2017 to Q4 2022 <br />Source: CoStar; LOCi Consulting LLC <br /> <br /> <br />Page | 67 <br /> <br />