TA Express Travel Center
Travel center (net lease) property in Kilgore, Texas — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Kilgore, DST
Minimum investment
$519k
Offering size
$51.9M
How much has sold
84.0%
Asset type
Travel center (net lease) property
Location
Kilgore, Texas
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
KB Kilgore, DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold a fractional interest in real estate — that owns a franchised TA Express travel center in Kilgore, Texas. Kingsbarn Realty Capital announced the acquisition on November 20, 2025 and reports the property 100% leased to LV Petroleum, LLC, doing business as FuelBros.2 The Trust is raising from accredited investors.
Acq 12/12/25 per sponsor PDF; franchised TA Express; off sponsor current list 7/26
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These links support the public record as a whole; 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?
Kingsbarn announced on November 20, 2025 that it had bought a recently renovated TA Express travel center just off Interstate 20, with Wendy's, Dunkin Donuts, Jimmy John's, Sbarro Pizza and Miss J's Café on site.2 The sponsor's acquisition schedule records the closing on December 12, 2025, a date no SEC filing confirms. TravelCenters of America's own location record places the site at I-20 Exit 587.3
- Property address
- 4403 TX-42 (State Hwy 42), Kilgore, Texas
- Property size
- 13,821 SF
Who is the tenant, and what's the lease?
Kingsbarn reports the travel center 100% leased to LV Petroleum, LLC, doing business as FuelBros, which it describes as a national fuel and travel-center operator.2 The Form D names KB Kilgore MT, LLC, a sponsor-controlled affiliate, as master tenant, so the Trust leases to that entity rather than directly to the operator.1
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.
84.0% reported sold
- Amount sold
- $43,493,292
- Still available
- $8,361,708
- Investors reported
- 29
- Total offering
- $51,855,000
Not enough filings yet to show a trend.
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How is it financed, and what does it pay?
Whether mortgage debt sits behind this travel center is unresolved in the public record: no filing or sponsor document located in research names a lender, states a loan amount, or describes the Trust as all-cash. An exchanger who must replace debt has to settle that from the PPM, the private offering document.
Who's behind it?
Kingsbarn is a repeat sponsor of Delaware statutory trusts holding net-leased property for 1031 exchangers, and it says it handles leasing, property management and asset oversight for this passive structure.2 The Form D names KB Exchange Properties, LLC as sponsor and promoter, KB Kilgore ST, LLC as manager of the trust and signatory trustee, and KB Kilgore Holdings, LLC as depositor.1 By July 2026 the Trust no longer appeared on the sponsor's current-offerings list.
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Kilgore, 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?
The record holds a new Form D notice rather than an amendment, so every reported sales figure dates from that single filing, which reports a first sale on November 10, 2025.1 It is offered under the exemption that permits general advertising, provided the sponsor verifies each buyer's accredited-investor status.
- 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
Is TA Express Travel Center still raising money?
Top1031 lists TA Express Travel Center as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for TA Express 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.
Who actually operates the travel center?
Kingsbarn reported on November 20, 2025 that the property is 100% leased to LV Petroleum, LLC, doing business as FuelBros, which the sponsor describes as a national fuel and travel-center operator. TA Express is a franchised brand at this site, so the rent obligation runs to the franchisee operator rather than to TravelCenters of America itself. TravelCenters of America's location page lists the site as TA Express Kilgore, at I-20 Exit 587. Confirm the tenant entity and any guaranty in the PPM, the private offering document.
Is this Trust still open to new investors?
No SEC filing shows the offering closed, and only one Form D is on record, filed January 7, 2026. By July 2026 the Trust no longer appeared on Kingsbarn's current-offerings list. Offering progress reported in a Form D is historical as of that filing date and does not establish current availability, so confirm directly with the sponsor or your broker-dealer before naming it on a 45-day identification list.
Does the Trust use leverage?
The public record does not say. Research located no filing or sponsor document naming a lender, stating a loan amount, or describing the Trust as debt-free, and no purchase price has been published. A 1031 exchanger who must replace mortgage debt needs that answer before identifying the property; the PPM and any loan documents are where it lives.
What is a master tenant, and why does it matter here?
In many DSTs the trust does not run operations itself; it leases the whole property to a master tenant, which deals with the operating tenant and passes rent up to the trust. The Form D for this Trust identifies KB Kilgore MT, LLC, a sponsor-controlled affiliate of the depositor, as master tenant. An investor's cash flow therefore depends on the master lease terms as well as the operator's lease, both of which sit in the PPM.
What does the sponsor get paid up front?
The Form D filed January 7, 2026 states that the sponsor or its affiliate will receive a $2,845,500 financing and acquisition fee plus $286,250 in reimbursed offering expenses. That notice reports amounts to be paid to executive officers, directors and promoters and is not a complete fee schedule; ongoing asset management, property management and disposition compensation, if any, is disclosed in the PPM.
What is the risk profile of a single-tenant travel center?
All rent comes from one operator at one interstate location; Kingsbarn says the site sits just off Interstate 20, which it reports carries more than 41,000 vehicles per day, so tenant credit and traffic through that corridor drive results. Fuel retail also carries underground storage tank and environmental exposure, and the TA Express brand is held here under a franchise arrangement rather than by the property owner. Public filings disclose none of the lease economics or environmental findings, so the PPM, third-party reports and the lease itself are the only sources.
Chapter 9Kingsbarn Acquires TA Express Travel Center in Kilgore, TexasKingsbarn announces acquisition of a recently renovated TA Express Travel Center in Kilgore, TX, on I-20 (>41,000 VPD); 100% leased to LV Petroleum (FuelBros); offered via DST.