TA Express Travel Center
Travel center in Kilgore, TX · sponsored by Kingsbarn Realty Capital
Active offeringLatest Form D filed Jan 7, 2026 (opens in a new tab)
TA Express Travel Center is a DST sponsored by Kingsbarn Realty Capital that owns a travel center in Kilgore, TX (13,821 SF). Its latest Form D, filed Jan 7, 2026, lists a $51.8 million offering with a $518,550 minimum.
Key facts
- Minimum investment
- $518,550From the Form D
- Offering size
- $51,855,000Equity offered, per the Form D
- Sold so far
- Form D, Jan 7, 2026; the % is our arithmetic83.8%
- Investors reported
- Form D, Jan 7, 202629
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,145,000 · 2.2% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Sales so far
- Latest Form D
- Jan 7, 2026 · 1 filing
- First sale
- Nov 10, 2025
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
- $43,493,292
- Not yet sold
- $8,361,708
- Investors
- 29
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
83.8% of $51,855,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $22.8 million a month
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Ask a 1031 specialist about this recordFree. About: TA Express Travel Center. Top1031 is not a broker-dealer.TA Express Travel Center · Kilgore, TX · Photo: docs.kingsbarn.com
What does TA Express Travel Center own?
Kingsbarn announced on November 20, 2025 that it had acquired a recently renovated TA Express travel center in Kilgore, positioned just off Interstate 20. 2 The sponsor's own acquisition schedule records the closing on December 12, 2025, a date no SEC filing confirms. 3 TravelCenters of America's directory lists the site as TA Express Kilgore #0281, at Interstate 20 Exit 587. 4
- Property address
- 4403 TX-42, Kilgore, TX
- Property size
- 13,821 SF
Tenant and lease terms are not in the SEC filings or cited sources.
How have sales gone?
The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.
How is it financed, and what did it cost to sell?
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 question from the offering documents.
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $1,145,000 · 2.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $3,131,750 · 6.0% of offeringForm D Item 16· The filing’s note: “Sponsor/its affiliate will receive financing and acquisition fee totaling $2,845,500 for structuring the offering and the property acquisition, plus $286,250 reimbursement for relevant offering expenses related with the Offering totaling.”
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- MIT Associates, LLC · CRD 121171
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Nov 10, 2025
- Minimum investment
- $518,550
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.
Who's behind TA Express Travel Center?
Kingsbarn sponsors Delaware statutory trusts for 1031 exchangers and brought this travel center to market through that structure. 2 The Form D places sponsor affiliates on nearly every side of the deal: KB Exchange Properties, LLC as sponsor, Kingsbarn Realty Capital, LLC as its manager, KB Kilgore ST, LLC as manager of the trust, KB Kilgore Holdings, LLC as depositor, and KB Kilgore MT, LLC as master tenant. 1 By July 2026, the Trust no longer appeared on the sponsor's current-offerings list.
- Sponsor
- Offerings on record
What does the SEC record show?
No amendment has followed the initial notice filing, so every figure on this record dates from that single submission. 1 That notice discloses a $2,845,500 financing and acquisition fee to the sponsor or an affiliate, plus $286,250 of offering-expense reimbursement. 1 The exemption relied on permits public advertising, provided the sponsor verifies that each buyer is an accredited investor.
- Legal Trust name
- KB Kilgore, DST
- SEC CIK
- 2103216
- First Form D
- Jan 7, 2026
- Latest Form D
- Jan 7, 2026
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $51,855,000 | $43,493,292 | 29 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
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.
Common questions
- Is TA Express Travel Center an active offering?
- TA Express Travel Center is an Active offering: its latest Form D was filed Jan 7, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Who is the tenant, and what is the lease?
- Kingsbarn announced 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.
- Does the Trust use leverage?
- The public record does not say. A 1031 exchanger who must replace mortgage debt needs that answer before identifying the property; the offering documents 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 filed January 7, 2026 identifies KB Kilgore MT, LLC — a sponsor-controlled entity and an affiliate of the depositor — as master tenant for this Trust. 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 offering documents rather than in any SEC filing.
- What did the Form D disclose about the offering and its costs?
- The Form D filed January 7, 2026 describes KB Kilgore, DST as a Delaware statutory trust organized in Delaware in 2025, offering 100 Class 1 beneficial interests at $518,550 per interest for a total offering amount of $51,855,000. Any further costs and fees are disclosed in the offering documents, not in the notice filing.
- What is the risk profile of a single-tenant travel center?
- All rent comes from one operator at one interstate location, so tenant credit and corridor traffic drive results; Kingsbarn's November 20, 2025 announcement described the site as sitting on an Interstate 20 stretch carrying more than 41,000 vehicles a day. The public filings disclose none of the lease economics, no environmental or engineering findings and no purchase price — the environmental item matters at a fueling site — so the offering documents, third-party reports and the lease itself are the only sources for those.
In the news
Sources
Show sources (5)Hide sources (5)
These links support the record as a whole; individual details may come from different sources.
- U.S. Securities and Exchange Commission (EDGAR) ↗
- Kingsbarn Realty Capital ↗
- Sponsor offering documents, Dec 2025
- TravelCenters of America ↗
- ta-petro.com ↗
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 offering documents before investing.