EōS Fitness Signs Lease For 40000 SF Gym At 12707 North Mopac Expressway In Austin
12707 North Mopac Expressway
Building Size
40,000 SF
Asset Type
Retail
Closing
Sep 11, 2025
AI
The property asset involved in this transaction is a 40,000-square-foot retail space located at 12707 North Mopac Expressway in Austin. EōS Fitness has signed a lease for the premises, which was previously occupied by Fry’s Electric. The opening of the gym is scheduled for 2027.
Summary of transation details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 12707 North Mopac Expressway
- Market: Austin
- Asset Size: 40,000 SF
- Tenant: Rich Drengberg - EōS Fitness
- Landlord's Representative: Global Commercial Real Estate Services
- Tenant's Representative: Rise Commercial Partners
This lease transaction features tenant Rich Drengberg representing EōS Fitness, while Rise Commercial Partners acted as the tenant's representative. The landlord’s interests were represented by Global Commercial Real Estate Services, ensuring a smooth transaction process for both parties.
Players
Austin Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93