Unfortunately, is isn't available as an extractable template. However you can do this to create one:
<telerikPrimitives:RadExpanderControl.ExpandableContentTemplate>
<DataTemplate>
<StackPanel Margin="24, 4, 4, 4" Orientation="Horizontal">
<TextBlock
FontSize="{StaticResource PhoneFontSizeExtraLarge}"
FontFamily="{StaticResource PhoneFontFamilyLight}"
Text="{Binding TextYouWantToBind}"
VerticalAlignment="Center"/>
</StackPanel>
</DataTemplate>
</telerikPrimitives:RadExpanderControl.ExpandableContentTemplate>
A workaround that I do when I need to use Blend to style the ExpandableContentTemplate is to style the DataTemplate of the (Generated)ContentTemplate to my liking, then copy paste it into the DataTemplate of the ExpandablecontentTemplate.
I have reported this to the windows Phone Team