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Restaurant Space at UTC Mall
For Lease
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140 University Town Ctr Dr, Sarasota, FL

Restaurant space with patio available at UTC Mall.

Space Size7,000 SF
Lot Size61.39 Acres
Days on Market380

Property Features for 140 University Town Ctr Dr

General Information

Standard status Active
Size 7,000 SF
Lot size 61.39 Acres
Property subtype RETAIL

Spaces For Lease

at 140 University Town Ctr Dr
140 University Town Center Dr AVAILABLE, Now
Floor 1
Size 7,000 SF
Type RETAIL
Rate Contact for pricing
Sublease Yes
- New to market: 2nd generation restaurant available at UTC Mall – 7,000 SF + 2,677 SF Patio (former Kona Grill). - The property is located at the UTC Mall, on the east side of the lifestyle shopping center, with direct visibility from I-75. Easy access via exit 213 diverging diamond interchange. - The available space offers prime visibility at the mall entrance, directly adjacent to the highly anticipated Dick’s House of Sport, coming soon. - The mall at UTC itself (2014) is an enclosed two-level indoor mall featuring more than 100 stores (Lululemon, Sephora, Crate & Barrel) anchored by Saks Fifth Avenue, Macy’s and Dillards, and several high end restaurants (The Cheesecake Factory, Seasons 52, Capital Grille) as well as casual eateries. - UTC Mall and district area all together comprehend more than 300 stores, with big box retailers, (Target, REI, PGA Tour Superstore, Ulta, Home Depot, Fresh Market, etc.) restaurants, hotels, offices, the Nathan Benderson Park rowing venue, up coming Mote Science Education Aquarium (Mote Sea), and plans for additional entertainment venues. Over 20 million shoppers visit the area each year. - 7,000 SF restaurant area + 2,677 SF patio area - Full service bar - Liquor license - All FFE included - Open concept suitable for a variety of restaurant use - Former Kona Grill space - Adjacent to new upcoming Dicks House of Sport - Located at the UTC Mall/District, major power retail area with more than 20 million visitors per year
Contact us
Listing Agency: Colliers | Tampa
Listed By: Melissa Riccardi · License #SL3346875
Source: Moodyscre
Added: Sep 26, 2025 Changed: Oct 4 Last Checked: Oct 9 at 9:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Tampa

Investment Insights

Based on property information with market context.

This second-generation restaurant space is available for rent at the UTC Mall. The property, formerly Kona Grill, features 7,000 square feet of restaurant area plus a 2,677-square-foot patio. It is located on the east side of the lifestyle shopping center, offering direct visibility from I-75 and easy access via exit 213 diverging diamond interchange. The space offers prime visibility at the mall entrance, directly adjacent to the highly anticipated Dick’s House of Sport, coming soon. The mall at UTC, opened in 2014, is an enclosed two-level indoor mall featuring more than 100 stores, anchored by Saks Fifth Avenue, Macy’s, and Dillard’s, and several high-end restaurants as well as casual eateries. The UTC Mall and district area together include more than 300 stores, with big box retailers, restaurants, hotels, offices, the Nathan Benderson Park rowing venue, upcoming Mote Science Education Aquarium (Mote Sea), and plans for additional entertainment venues. The restaurant includes a full-service bar, liquor license, and all furniture, fixtures, and equipment (FFE). The open concept is suitable for a variety of restaurant uses. The location at the UTC Mall/District is a major power retail area with more than 20 million visitors per year.

Key Highlights

  • Prime location at UTC Mall, a high‑traffic retail destination.
  • Existing restaurant infrastructure: 7,000 SF restaurant space plus a 2,677 SF patio, full‑service bar, liquor license, and all Furniture, Fixtures, and Equipment (FFE) included.
  • High visibility location at the mall entrance with direct exposure from I‑75.

Property Analytics

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Open Analytics

Current Use

PacSun Clothing Store Forever 21 Clothing Store lululemon (Bike/Boat/Book/etc) Store LOFT Clothing & Fashion Store Buckle Clothing & Fashion Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,484
Businesses Nearby
657k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 67% Dining 17% Electronics 9% Shops & Services 5%
Macy's Apparel
123,733 visits/mo 0.1 miles
Dillard's Apparel
96,397 visits/mo 0.2 miles
Marshalls Apparel
65,115 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
62,537 visits/mo 0.4 miles
Ford's Garage Dining
49,864 visits/mo 0.3 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
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Similar Off Market Nearby

  • The Fresh Market Catering — 5251 University Pkwy, Bradenton, FL 34201

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space with patio available at UTC Mall.
Where is this restaurant located?
The property is located at 140 University Town Ctr Dr Sarasota, FL.
What are key features of this property?
This property features: Prime location at UTC Mall, a high‑traffic retail destination.; Existing restaurant infrastructure: **7,000 SF restaurant space plus a 2,677 SF patio**, full‑service bar, liquor license, and all Furniture, Fixtures, and Equipment (FFE) included.; High visibility location at the mall entrance with direct exposure from I‑75.
(917) 744-1745 Call to check price and availability
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