KB Garden City (TA Travel Center - Garden City, KS)
Net lease property in Garden City, KS — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Garden City, DST
Minimum investment
$263k
Offering size
$26.3M
How much has sold
53.0%
Asset type
Net lease property
Location
Garden City, KS
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
KB Garden City (TA Travel Center - Garden City, KS) combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (4)Hide sources (4)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Garden City, KS
- Property size
- 17,847 SF (SRS) / 24,190 SF (Kingsbarn acquisitions)
How did it end?
No ending on record
No full-cycle or disposition announcement found; the TA Travel Center at 1265 Solar Avenue, Garden City, KS is currently listed for sale at $20,125,000 by SRS Real Estate Partners but no closed sale has been confirmed and TA Garden City continues to operate.
Single-tenant net-leased TA Travel Center at 1265 Solar Avenue, Garden City, KS 67846, listed by SRS Real Estate Partners at $20,125,000 with an 8% cap rate and $1,610,000 NOI. Acquired by Kingsbarn/KB Garden City DST and listed in Kingsbarn's 2023–2024 acquisitions (24,190 SF). The offering's sponsor is Kingsbarn MT Holdings, LLC.
17,847 SF (SRS) / 24,190 SF (Kingsbarn acquisitions)Supporting evidence
Who's behind it?
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Garden City, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 10 active / 31 total offerings from Kingsbarn Realty Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to KB Garden City (TA Travel Center - Garden City, KS)?
Top1031 lists KB Garden City (TA Travel Center - Garden City, KS) as historical. It is no longer raising money.
Where does Top1031 get the data for KB Garden City (TA Travel Center - Garden City, KS)?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Garden City, KS - TA Travel CenterSRS retail investment sale listing for TA Travel Center at 1265 Solar Avenue, Garden City, KS 67846 (17,847 SF, $20,125,000, 8% cap, $1,610,000 NOI) — the property that backs KB Garden City, DST. TA Garden City — TravelCenters of America location pageOperator page for TA Garden City on US Hwy 400 confirming the operating TA Travel Center at 1265 Solar Avenue, Garden City, KS that backs the KB Garden City, DST. Kingsbarn Portfolio of Properties — TA Travel Center - Garden City entryKingsbarn portfolio page lists 'TA Travel Center - Garden City located at Garden City KS — 1265 Solar Avenue' as a Kingsbarn Property, consistent with the KB Garden City, DST.