KB Mankato Travel Center
Net lease property in Mankato, MN — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Mankato Travel Center, DST
Minimum investment
$323k
Offering size
$32.3M
How much has sold
31.0%
Asset type
Net lease property
Location
Mankato, MN
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 Mankato Travel Center 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 (1)Hide sources (1)
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
- Mankato, MN
- Property size
- 7,575 sq ft restaurant and convenience store; 75 overnight parking stalls; 8 refueling lanes; 18-hole golf simulator
How did it end?
No sale or other ending on record
No full-cycle announcement found; the DST closed its offering in early 2025 (100% of investors utilized interests for 1031 exchange per Kingsbarn Instagram) and the underlying Mankato Travel Center continues to operate as TA Express Mankato.
Newly constructed in 2023 by Fryberg Petroleum at the junction of US Hwy 14 and US Hwy 169, and sold in late October 2024 for $10 million to a Las Vegas-based buyer (Kingsbarn) for inclusion in the KB Mankato Travel Center, DST; operated under the TA Express brand (phone 320-470-9288).
7,575 sq ft restaurant and convenience store; 75 overnight parking stalls; 8 refueling lanes; 18-hole golf simulatorSupporting evidence
Who's behind it?
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Mankato Travel Center, 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 Mankato Travel Center?
Top1031 lists KB Mankato Travel Center as historical. It is no longer raising money.
Where does Top1031 get the data for KB Mankato Travel Center?
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 7Kingsbarn Portfolio of Properties — Mankato Travel Center entryKingsbarn portfolio page lists 'Mankato — 3010 Adams St Mankato MN' as a Kingsbarn property, consistent with the KB Mankato Travel Center, DST. Kingsbarn Realty Capital: DST Sponsor Profile and Program ActivitySponsor profile noting the KB Mankato Travel Center, DST closed its offering in early 2025. KB Mankato Travel Center, DST – Business Trust FilingOfficial Minnesota Secretary of State filing registering KB Mankato Travel Center, DST as a Business Trust (Document #20244025) with Registered Agent Incorp Services Inc. Just Sold: New Mankato Travel Center sells for $10MTrade press reported the newly built Mankato Travel Center at 3010 Adams Street sold for $10 million to a Las Vegas-based buyer (Kingsbarn) for inclusion in a DST offering, noting 7,575 sq ft, 75 overnight stalls, 8 refueling lanes, and a golf simulator. Mankato Travel Center opens for businessLocal Mankato TV news reported the grand opening of the Mankato Travel Center at 3010 Adams Street with gas pumps, a full-service restaurant and bar, and a golf simulator. Mankato Travel Center gears up for openingLocal news coverage of the new 15,000-square-foot travel center opening at 3010 Adams Street in Mankato, MN — the underlying property of the later KB Mankato Travel Center, DST.