TA Express Travel Center - Kingsville
Single-tenant TA Express travel center in Kingsville, TX · sponsored by Kingsbarn Realty Capital
Active offeringLatest Form D filed Oct 29, 2025 (opens in a new tab)
TA Express Travel Center - Kingsville is a DST sponsored by Kingsbarn Realty Capital that owns a single-tenant TA Express travel center in Kingsville, TX (11,606 SF). Its latest Form D, filed Oct 29, 2025, lists a $47.4 million offering with a $474,500 minimum.
Key facts
- Minimum investment
- $474,500From the Form D
- Offering size
- $47,450,000Equity offered, per the Form D
- Sold so far
- Form D, Oct 29, 2025; the % is our arithmetic77.5%
- Investors reported
- Form D, Oct 29, 202530
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,060,000 · 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
- Oct 29, 2025 · 1 filing
- First sale
- Sep 9, 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
- $36,786,203
- Not yet sold
- $10,663,797
- Investors
- 30
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
77.5% of $47,450,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $22.3 million a month
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Ask a 1031 specialist about this recordFree. About: TA Express Travel Center - Kingsville. Top1031 is not a broker-dealer.TA Express Travel Center - Kingsville · Kingsville, TX · Photo: docvault-docs.kingsbarn.com
What does the Trust own?
The asset is a newly constructed, single-tenant TA Express travel center; Kingsbarn announced the acquisition on August 28, 2025 in a release giving a 1501 N. Highway 77 address that reviewed sources do not reconcile with the address below. 4 The sponsor's offering page places the site just off U.S. Route 77. 1 An October 10, 2025 closing appears in secondary property data but is not confirmed by the sponsor releases reviewed or by a conveyance record.
- Property address
- 1501 N. Highway 77, Kingsville, TX
- Property size
- 11,606 SF
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 reviewed filing or sponsor release names a lender, loan balance or loan-to-value for this Trust, so leverage is unresolved in the public record rather than established as absent. Whether the offering is all-cash or financed is settled by 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
- $1,060,000 · 2.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $3,535,000 · 7.4% of offeringForm D Item 16· The filing’s note: “Sponsor affiliate will receive financing and acquisition fee totaling $280,000+2,990,000 for structuring the offering and the property acquisition, plus $265,000 reimbursement for relevant offering expenses incurred 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
- Sep 9, 2025
- Minimum investment
- $474,500
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.
Who's behind the Trust?
The Form D names KB Exchange Properties, LLC as the offering's sponsor and Kingsbarn Realty Capital, LLC as manager of that sponsor. 3 Kingsbarn announced the purchase on October 21, 2025, describing the property as offered through a 1031-exchange-eligible Delaware statutory trust; the affiliated KB Exchange Trust site carried the same release. 2 Kingsbarn runs a continuing program of single-property exchange trusts, of which this is one.
- Sponsor
- Offerings on record
What does the SEC record show?
The Form D — the notice an issuer files with the SEC after its first sale of securities — reports a first sale on September 9, 2025 and discloses $3,535,000 of proceeds used or proposed for payments to insiders, chiefly sponsor-affiliate acquisition and financing fees. 3 Because the offering may be generally advertised, each buyer's accredited status must be verified.
- Legal Trust name
- KB Kingsville, DST
- SEC CIK
- 2092695
- First Form D
- Oct 29, 2025
- Latest Form D
- Oct 29, 2025
- 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 | $47,450,000 | $36,786,203 | 30 | 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 - Kingsville an active offering?
- TA Express Travel Center - Kingsville is an Active offering: its latest Form D was filed Oct 29, 2025. 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.
- What does this Trust actually own?
- One newly constructed TA Express travel center in Kingsville, Texas, which Kingsbarn reports is 100% leased to LV Petroleum, LLC, doing business as FuelBros. Kingsbarn announced the acquisition on August 28, 2025 and published a purchase release again on October 21, 2025; an October 10, 2025 closing date appears in secondary property data but was not confirmed in the sponsor releases reviewed. It is a single-property, single-tenant Trust, so investor outcomes track that one site and that one tenant.
- What do public sources say about the lease?
- Kingsbarn's offering page describes a new 20-year triple-net lease with LV Petroleum, LLC d/b/a FuelBros, and its acquisition release states the property is 100% leased to that tenant. Triple-net means the tenant, not the Trust, carries property taxes, insurance and maintenance. Reviewed sources give no rent, escalation schedule, renewal options or guaranty; the lease and the offering documents settle those.
- Why do two different addresses appear for this property?
- Kingsbarn's August 28, 2025 release gives a 1501 N. Highway 77 address, while TravelCenters of America's own store page lists TA Express Kingsville at 2104 E. Corral Ave. The TA page does not identify that location as this Trust, and reviewed public sources do not explain whether these are alternate parcel, postal or access addresses. The legal description in the offering documents is the controlling document.
- Does the Trust use debt?
- The public record does not say. Neither the Form D on record nor the sponsor releases reviewed discloses a lender, loan amount, maturity or loan-to-value. That silence is not evidence the Trust is unleveraged; the offering documents settle whether the offering is all-cash or financed.
- What does the filing say about fees paid to the sponsor's affiliates?
- The Form D discloses $3,535,000 of offering proceeds used or proposed for payments to named insiders, explaining that a sponsor affiliate would receive acquisition and financing fees plus reimbursement of offering expenses. That is a disclosure of proceeds used or proposed, not proof that every payment has been made. The filing also reports a $474,500 minimum investment from an outside investor. The full fee table lives in the offering documents.
In the news
Sources
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These links support the record as a whole; individual details may come from different sources.
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.