KB Grandview, DST
Other property in Grandview, WA — sponsored by Kingsbarn Realty Capital
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What is this, in one paragraph?
KB Grandview, DST is a Delaware statutory trust raising capital from accredited investors for a newly built TravelCenters of America travel center in Grandview, Washington.2 A DST lets 1031 exchangers hold fractional real-estate interests that can qualify for tax deferral. Affiliates of Kingsbarn Realty Capital sponsor and manage the Trust, which is raising under a single Form D filed September 17, 2026.1
Sponsor-reported, from SEC filings and cited 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?
The Trust's asset is a newly constructed TravelCenters of America travel center at 100 Higgins Way in Grandview, Washington, off Interstate 82 at Exit 73.4 TravelCenters of America announced the location open on March 12, 2026, citing 100 truck parking spaces, five diesel lanes with DEF, and 10 gasoline lanes.3 Kingsbarn also describes a professional drivers' lounge, showers, laundry, a pet area, a CAT scale, and a three-bay truck service shop.2
- Property address
- 100 Higgins Way, Grandview, WA
Who is the tenant, and what's the lease?
Kingsbarn identifies the tenant as LV Petroleum, LLC, doing business as FuelBros, under a 20-year triple-net lease — a structure in which the tenant, not the Trust, carries taxes, insurance, and maintenance — with scheduled annual rent increases.2
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $27,513,375
- Reported unsold
- $29,336,625
- Investors reported
- 22
- Total offering
- $56,850,000
Who's behind it?
The Form D names KB Exchange Properties, LLC as sponsor, Kingsbarn Realty Capital, LLC as its parent, and Kingsbarn Holdings Company, LLC as an executive officer and managing member.1 The same filing lists KB Grandview ST, LLC as signatory trustee, KB Grandview Holdings, LLC as depositor, and KB Grandview MT, LLC as master tenant — the affiliate that leases the property from the Trust.1 It also discloses a $2,950,000 financing and acquisition fee to the sponsor or an affiliate, plus $314,500 in offering-expense reimbursement.1
- Sponsor
- Kingsbarn Realty Capital
- May convert to a REIT
- Not stated
- Offerings from this sponsor
- 10 active / 32 total offerings from Kingsbarn Realty Capital
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
Rule 506(c) lets the sponsor advertise the Offering publicly, provided it verifies that every buyer is an accredited investor under the SEC's income or net-worth tests. The filing reports September 4, 2026 as the date of first sale and describes the Trust as a Delaware entity formed in 2026.1
- Form D filedFirst and latest filing on record.
- Legal Trust name
- KB Grandview, DST
- 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
Is KB Grandview, DST still raising money?
The sponsor’s SEC filings show the offering raising money within the past 15 months. A filing does not by itself confirm you can still buy in.
Where does Top1031 get the data for KB Grandview, DST?
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.
What property sits behind KB Grandview, DST?
Kingsbarn describes the Trust as holding a single-tenant, newly constructed TravelCenters of America travel center in Grandview, Washington.[2] TravelCenters of America lists TA Grandview at 100 Higgins Way, Grandview, WA 98930, on Interstate 82 at Exit 73, and announced the site open on March 12, 2026.[3]
Who is the tenant, and how is the lease structured?
Kingsbarn identifies LV Petroleum, LLC, doing business as FuelBros, as the tenant on a 20-year triple-net lease with annual rent increases.[2] Triple-net means the tenant is responsible for property taxes, insurance, and maintenance rather than the Trust. The lease itself is described in the Trust's private placement memorandum (PPM), the offering document delivered to accredited investors.
Is the Trust leveraged, and who is the lender?
No public source located in this research states the property's purchase price, any mortgage debt, the lender, or a loan-to-value figure for KB Grandview, DST. The Form D does not disclose property-level financing. An investor would need the PPM to confirm whether the Trust carries debt and on what terms.
Who is the sponsor?
The Form D names KB Exchange Properties, LLC as the sponsor and promoter, with Kingsbarn Realty Capital, LLC as parent and Kingsbarn Holdings Company, LLC as an executive officer and managing member.[1] Trust-level roles are filled by affiliates: KB Grandview ST, LLC as signatory trustee, KB Grandview Holdings, LLC as depositor, and KB Grandview MT, LLC as master tenant.[1]
What does Rule 506(c) mean for me as an investor?
Rule 506(c) is the exemption that allows a private offering to be generally solicited and advertised. In exchange, the sponsor must take reasonable steps to verify that every purchaser is an accredited investor — typically through tax documents, brokerage statements, or a letter from a CPA or attorney — rather than accepting a self-certification.
Can this Trust convert into a REIT interest later?
Nothing in the record states a 721/UPREIT exit, in which DST interests are later contributed to a REIT's operating partnership for units. The Form D does not address it, and the data shows no stated REIT conversion. Any such provision would appear in the PPM and trust agreement.