TA Express Travel Center
Travel center (net lease) property in Kilgore, Texas — sponsored by Kingsbarn Realty Capital
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.
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 — holding a franchised TA Express travel center in Kilgore, Texas. Kingsbarn Realty Capital announced the acquisition on November 20, 2025 and reported the property 100% leased to LV Petroleum, LLC, doing business as FuelBros.2 The Trust is raising from accredited investors.
Minimum investment
$519k
Offering size
$51.9M
How much has sold
84.0%
Financing
All cash. This offering reports no mortgage debt.
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?
Kingsbarn announced on November 20, 2025 that it had acquired a recently renovated TA Express travel center just off Interstate 20, with a Wendy's, Dunkin Donuts, Jimmy John's, Sbarro Pizza and Miss J's Café operating on site.2 The sponsor's own acquisition schedule records the closing on December 12, 2025, a date no SEC filing confirms.3 TA Express is a franchised brand here rather than a company-owned location.
- 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 reported the travel center 100% leased to LV Petroleum, LLC, doing business as FuelBros.2 The Form D names KB Kilgore MT, LLC, a sponsor affiliate, as master tenant, so the Trust leases the whole property to that entity, which in turn deals with the operator.1 No filing or sponsor document located states the lease term or the rent.
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
- Reported unsold
- $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?
No filing or sponsor document located names a lender, states a loan amount, or describes the Trust as all-cash, so whether mortgage debt sits behind this travel center is unresolved in the public record. An exchanger who must replace debt would have to settle that from the PPM, the private offering memorandum.
Who's behind it?
Kingsbarn Realty Capital 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 property.2 The Form D names KB Exchange Properties, LLC as sponsor and promoter with Kingsbarn Realty Capital, LLC as its manager, 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
- 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 figure dates from that single filing.1 The exemption relied on permits general advertising, provided the sponsor verifies that each buyer is an accredited investor — someone who meets SEC income or net-worth tests.
- Form D filedFirst and latest filing on record.
- Legal Trust name
- KB Kilgore, 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 TA Express Travel Center still raising money?
Availability unconfirmed. Active means a filing within the past 15 months; it does not by itself establish current subscription availability.
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. 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. The Form D also names KB Kilgore MT, LLC, a sponsor affiliate, as master tenant. Confirm the tenant entity, any guaranty and the franchise arrangement in the PPM, the private offering memorandum.
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 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 entire 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 affiliate, 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.
How were the interests structured in the Form D?
The Form D filed January 7, 2026 describes 100 Class 1 beneficial interests in the Delaware statutory trust priced at $518,550 per interest, for a total offering amount of $51,855,000. The filing lists the issuer's business address in Las Vegas, Nevada. Interest pricing, subscription minimums and any sponsor discretion to accept a smaller amount are governed by the PPM and subscription documents, not by the Form D notice.
What is the risk profile of a single-tenant travel center?
All rent comes from one operator at one interstate location; Kingsbarn's announcement describes the site as just off Interstate 20, which the sponsor reports carries more than 41,000 vehicles per day, so tenant credit and traffic through that corridor drive results. The public filings disclose none of the lease economics, no environmental or engineering findings, and no purchase price, so the PPM, third-party reports and the lease itself are the only sources for those.
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.