UNIVERSAL TECHNICAL INSTITUTE INC
For the period ended Sep 30, 2025. Filed Nov 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 26, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. PROPERTIES
The following sets forth certain information relating to our campuses and corporate headquarters as of September 30, 2025. Many of the leases are renewable for additional terms at our option. Our facilities are utilized consistent with management’s expectations, and we believe such facilities are suitable and adequate for currently identifiable requirements and that additional space, if needed, can be obtained on commercially reasonable terms to meet any future requirements.
| Location | Brand | Approximate Square Footage | Leased or Owned | Lease Expiration Date |
|---|---|---|---|---|
| Campus locations: | ||||
| Arizona (Avondale & Phoenix) | UTI | 283,000 | Owned | N/A |
| California (Garden Grove) | Concorde | 45,000 | Leased | March 2032 |
| California (Long Beach) | UTI | 137,000 | Leased | August 2030 |
| California (North Hollywood) | Concorde | 35,000 | Leased | May 2027 |
| California (Rancho Cucamonga) | UTI | 148,000 | Leased | September 2031 |
| California (Sacramento) | UTI | 117,000 | Leased | February 2033 |
| California (San Bernardino) | Concorde | 48,000 | Leased | March 2028 |
| California (San Diego) | Concorde | 34,000 | Leased | December 2036 |
| Colorado (Aurora) | Concorde | 55,000 | Leased | April 2026 |
| Colorado (Denver)(1) | Concorde | 63,000 | Leased | December 2037 |
| Florida (Fort Myers)(2) | Concorde | 20,000 | Leased | October 2032 |
| Florida (Jacksonville) | Concorde | 46,000 | Leased | December 2027 |
| Florida (Miramar) | UTI | 103,000 | Leased | March 2032 |
| Florida (Miramar) | Concorde | 33,000 | Leased | April 2028 |
| Florida (Orlando) | UTI | 154,000 | Owned | N/A |
| Florida (Orlando) | UTI | 34,000 | Leased | March 2031 |
| Florida (Orlando) | Concorde | 41,000 | Leased | April 2030 |
| Florida (Tampa) | Concorde | 30,000 | Leased | January 2027 |
| Georgia (Atlanta)(3) | UTI | 150,000 | Leased | May 2036 |
| Illinois (Lisle) | UTI | 187,000 | Owned | N/A |
| Michigan (Canton) | UTI | 125,000 | Leased | April 2036 |
| Mississippi (Southaven) | Concorde | 23,000 | Leased | March 2027 |
| Missouri (Kansas City) | Concorde | 18,000 | Leased | June 2032 |
| Missouri (St. Joseph) | Concorde | 50,000 | Leased | December 2036 |
| New Jersey (Bloomfield) | UTI | 102,000 | Leased | December 2030 |
| North Carolina (Mooresville) | UTI | 146,000 | Leased | October 2030 |
| Oregon (Portland) | Concorde | 33,000 | Leased | July 2034 |
| Pennsylvania (Exton) | UTI | 129,000 | Leased | October 2029 |
| Tennessee (Memphis) | Concorde | 72,000 | Leased | August 2031 |
| Texas (Austin) | UTI | 107,000 | Leased | October 2032 |
| Texas (Dallas) | Concorde | 47,000 | Leased | March 2031 |
| Texas (Dallas) | UTI | 109,000 | Owned | N/A |
| Texas (Dallas)(4) | UTI | 31,000 | Leased | September 2035 |
| Location | Brand | Approximate Square Footage | Leased or Owned | Lease Expiration Date |
|---|---|---|---|---|
| Texas (Houston) | UTI | 172,000 | Owned | N/A |
| Texas (Houston) | UTI | 54,000 | Leased | September 2029 |
| Texas (Grand Prairie) | Concorde | 50,000 | Leased | January 2029 |
| Texas (San Antonio)(3) | UTI | 51,000 | Leased | June 2036 |
| Texas (San Antonio) | Concorde | 48,000 | Leased | February 2033 |
| Other locations: | ||||
| Arizona (Phoenix) | UTI and Corporate | 21,000 | Leased | February 2027 |
| Missouri (Overland Park) | Concorde | 8,000 | Leased | November 2030 |
(1) During fiscal 2025, we signed a lease agreement to relocate our Concorde campus in Aurora, Colorado to a new facility in Denver, Colorado. In connection with the relocation, we extended our existing lease in Aurora through April 2026. Construction has begun on the new Denver facility and we expect the relocation to be completed in April 2026.
(2) Concorde signed a new facility lease agreement during fiscal 2025 related to our partnership with Heartland Dental to construct a new co-branded campus in Fort Myers, Florida, which is expected to open in early fiscal 2026, pending regulatory approvals, and will bring the total number of Concorde campuses nationwide to 18. Construction began during the second quarter of 2025.
(3) During fiscal 2025, we announced the opening of two new UTI campuses during fiscal 2026 in San Antonio, Texas and Atlanta, Georgia. We recorded the related lease obligations during 2025 as we began our build-out of these facilities.
(4) To expand our program offerings at our UTI Dallas campus, we signed a new facility lease agreement during fiscal 2025. The expansion will accommodate approximately 1,000 additional students and introduce programs in airframe and powerplant, HVACR, and electrical, pending all regulatory approvals.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.