TA Express Travel Center - Fairfield
Travel center (net lease) property in Fairfield, TX — sponsored by Kingsbarn Realty Capital
Files with the SEC as KB Fairfield, DST
Minimum investment
$506k
Offering size
$50.6M
How much has sold
77.0%
Asset type
Travel center (net lease) property
Location
Fairfield, TX
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited 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. It owns a one-tenant TA Express travel center off Interstate 45 in Fairfield, Texas, which Kingsbarn Realty Capital announced acquiring in February 2026 and reports is 100% leased to LV Petroleum, LLC on a 20-year lease.2 Interests are offered to verified accredited investors under Rule 506(c).
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.
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 this TA Express at Interstate 45 exit 198 on May 5, 2022. Kingsbarn gives the address as 300 E. I-45, dates construction to 2022, and cites a corridor count of more than 37,300 vehicles a day.2 Top1031's site match to 1015 W Commerce St is inferred from the naming pattern, and the reviewed record does not reconcile the two addresses.
- 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 the sponsor describes as a fuel and travel-center operator with more than 70 U.S. locations, on a 20-year lease.2 Rent, escalations, renewal options and any guaranty are not in the Form D notices; the lease and the PPM, the offering's full disclosure document, govern those terms.
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
- Still available
- $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 the Form D notices 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. That 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 packages single-tenant, net-leased properties into Delaware statutory trusts for 1031 exchange investors, and it announced this acquisition in February 2026.2 The Form D names KB Exchange Properties, LLC as sponsor and promoter, Kingsbarn Realty Capital, LLC as manager of that sponsor, KB Fairfield ST, LLC as manager of the trust, and KB Fairfield Holdings, LLC as affiliate and depositor.3 The same notice discloses a $3,215,000 financing and acquisition fee to the sponsor or an affiliate, plus $285,000 of offering-expense reimbursement.3
- Sponsor
- Kingsbarn Realty Capital
- Legal Trust name
- KB Fairfield, 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 amendment on record restates the original notice's offering and sale figures rather than changing them, and reports 100 Class 1 interests priced at $505,600 each with a first sale on February 10, 2026.1 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.
- 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?
Top1031 lists TA Express Travel Center - Fairfield 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 - 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, on a stretch of Interstate 45 the sponsor says carries more than 37,300 vehicles a day. TravelCenters of America announced the opening of this TA Express at I-45 exit 198 on May 5, 2022. Top1031's site match to 1015 W Commerce St is inferred from the naming pattern, and the reviewed record does not reconcile the two addresses. 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 the company as a fuel and travel-center operator with more than 70 U.S. locations. The Form D notices disclose no rent, escalations, renewal options or corporate guaranty, and the reviewed record does not spell out how operating expenses, taxes, insurance and maintenance are allocated between landlord and tenant. The lease itself and the Private Placement Memorandum, the offering's full disclosure document, are the sources that settle those points.
How much debt does the Trust use?
The public record does not say. The Form D notices and Kingsbarn's February 2026 acquisition announcement disclose no lender, loan principal, interest rate, loan-to-value or maturity date. 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 Form D/A reports a $50,560,000 offering of 100 Class 1 beneficial interests priced at $505,600 each, which is also the stated minimum for an outside investor. Purchases are limited to accredited investors — broadly, those meeting SEC income or net-worth thresholds — and because the offering is made under Rule 506(c), the exemption permitting public advertising, the sponsor must take reasonable steps to verify that status with documents rather than accept a check-the-box certification.
Is the offering still open?
The Trust is still raising. The most recent Form D amendment does not report the offering as fully subscribed. 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.
Does this Trust plan a 721/UPREIT exit?
The record shows no REIT conversion feature. A 721 or UPREIT exit is an arrangement in which a DST's property is later contributed to a real estate investment trust's operating partnership in exchange for units, converting an investor's real property interest into REIT units. Nothing in the filings or the sponsor's announcement describes that path here.
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.