TA Express Travel Center - Fairfield
Travel center (net lease) property in Fairfield, TX — sponsored by Kingsbarn Realty Capital
Likely TA Express, 1015 W Commerce St, I-45 exit 198, 17k SF (built 2022); match inferred from naming pattern
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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 Fairfield, DST is a Delaware statutory trust — a structure that lets 1031 exchange investors hold fractional interests in a single property — holding a single-tenant TA Express travel center off Interstate 45 in Fairfield, Texas. Kingsbarn Realty Capital announced the acquisition in February 2026 and reports the building is 100% leased to LV Petroleum, LLC on a 20-year lease.2 Interests are sold only to accredited investors.
Minimum investment
$506k
Offering size
$50.6M
How much has sold
77.0%
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?
TravelCenters of America announced the opening of a TA Express at Interstate 45 exit 198 in Fairfield on May 5, 2022. Kingsbarn gives the Trust's address as 300 E. I-45 and dates the building's construction to 2022.2 Top1031's match to a 1015 W Commerce St address is inferred from the naming pattern and is not reconciled in the reviewed record, though both descriptions point to the same interstate exit.
- Reported location
- Fairfield, TX
- Property size
- 16,065 sq ft
Who is the tenant, and what's the lease?
Kingsbarn reports the center is 100% leased to LV Petroleum, LLC — which operates as FuelBros — on a 20-year lease.2 The announcement does not describe that lease as triple-net, so which expenses fall to the tenant rather than to the Trust is unresolved in the reviewed record.
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.
77.0% reported sold
- Amount sold
- $38,853,419
- Reported unsold
- $11,706,581
- Investors reported
- 18
- Total offering
- $50,560,000
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How is it financed, and what does it pay?
Neither Form D notice nor Kingsbarn's acquisition announcement names a lender or a loan amount, so whether this Trust carries mortgage debt or was bought all-cash is unresolved in the public record reviewed. The distinction matters: a leveraged DST passes through debt an exchanger may need to replace, while an all-cash Trust does not.
Who's behind it?
Kingsbarn Realty Capital packages single-tenant, net-leased properties into Delaware statutory trusts for 1031 exchange investors, and it announced this acquisition in February 2026.2 The amended notice names KB Exchange Properties, LLC as the offering's sponsor, KB Fairfield ST, LLC as manager and signatory trustee of the Trust, KB Fairfield MT, LLC as master tenant, and Kingsbarn Realty Capital, LLC as manager of the sponsor, with Jeffrey A. Pori as CEO.1 A master tenant leases the whole property from the Trust and handles day-to-day operations.
- 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 notices report a first sale on February 10, 2026, a $50,560,000 offering, and 100 Class 1 beneficial interests priced at $505,600 each.1 The amendment restated those figures rather than changing them. Because the exemption used permits general advertising, the sponsor must verify each buyer's accredited status with documents rather than accept a self-certification.
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Legal Trust name
- KB Fairfield, DST
- Filings on record
- 2
- 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 - Fairfield 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 - Fairfield?
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 does KB Fairfield, DST actually own?
One property: a single-tenant TA Express travel center in Fairfield, Texas. Kingsbarn Realty Capital announced the acquisition in February 2026, gives the address as 300 E. I-45, and describes the building as constructed in 2022 and containing 16,065 square feet. TravelCenters of America separately announced the opening of a TA Express at I-45 exit 198 on May 5, 2022. Top1031's match to a 1015 W Commerce St address is inferred from the naming pattern and is not reconciled in the reviewed record. There is no second asset, so the Trust's results turn on this one building and its tenant.
Who is the tenant, and what kind of lease is it?
Kingsbarn reports the property is 100% leased to LV Petroleum, LLC — which operates as FuelBros — on a 20-year lease, and describes it as a fuel and travel-center operator. The sponsor's announcement does not expressly call the lease triple-net, and the Form D notices disclose no rent, escalations, renewal options or corporate guaranty. The lease itself and the Private Placement Memorandum — the offering's full disclosure document — are the sources that settle who pays taxes, insurance and maintenance.
How much debt does the Trust use?
The public record does not say. The Form D notices and Kingsbarn's February 2026 acquisition announcement name no lender and no loan principal, rate, loan-to-value or maturity. The PPM is the document that settles whether this is a leveraged or an all-cash Trust — a distinction that matters to an exchanger who has debt to replace on the property being sold.
What is the minimum investment, and who can buy?
The amended Form D describes a $50,560,000 offering of 100 Class 1 beneficial interests priced at $505,600 each, with a minimum investment of $505,600. Purchases are limited to accredited investors — broadly, those meeting SEC income or net-worth thresholds. Because the offering relies on the exemption that permits public advertising, the sponsor must take reasonable steps to verify that status with documents rather than accept a check-the-box certification.
What fees did the issuer disclose?
The amended notice estimates $1,140,000 of sales commissions and states that the sponsor or its affiliate would receive $3,215,000 in financing and acquisition fees plus $285,000 of offering-expense reimbursement, totaling $3,500,000. A Form D reports only selling commissions and finders' fees plus that use-of-proceeds line; ongoing asset-management, master-lease and disposition arrangements are described in the PPM, not in the notice.
Is the offering still open?
The Trust is still raising as far as the filings show. The Form D/A filed May 26, 2026 does not report the offering as fully subscribed, and it is the most recent filing on record. A Form D reflects the position on its filing date only, so availability can change between filings; the sponsor or your own representative is the only current source on whether interests remain.
Chapter 9Kingsbarn Acquires TA Express Travel Center in Fairfield, TexasKingsbarn announces acquisition of a single-tenant TA Express travel center in Fairfield, TX, leased 20 years to LV Petroleum (FuelBros); offered via DST. TravelCenters of America Opens New TA Express in Fairfield, TexasTA announces opening of its new ~17,000 sq ft TA Express travel center at I-45 Exit 198 in Fairfield, TX.