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12707 North Mopac Expressway

EōS Fitness Signs Lease For 40000 SF Gym At 12707 North Mopac Expressway In Austin
LEASEDRetail

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

Global Commercial Real Estate
Global Commercial Real EstateBrokerage

Rich Drengberg

Tenant

5 deals

Tenant

Austin Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

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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