DST OFFERINGS
KB Shepherd, DST
Newly Renovated TA Express for Growing National Tenant
Kingsbarn Real Estate Capital is pleased to present KB Shepherd (the “Property”), a single-tenant TA Express by TravelCenters of America structured as a Delaware Statutory Trust (DST). Located in Shepherd, Texas, the Property is strategically situated along I-69, which sees approximately 32,944 vehicles per day. In addition to TA Express’s typical convenience store, the Property also has an International House of Pancakes (IHOP), Taco Bar, a trucker lounge, showers, and a laundromat. This location sells over 6M gallons of diesel per year. Demonstrating a strong commitment to the Property, the tenant has made approximately $7M of improvements to the site with the addition of items such as all new diesel dispensers and new, high-rise signage.
KB Shepherd, DST has just signed a new, 20-year lease with the tenant, LV Petroleum, LLC (d/b/a FuelBros), a successful fuel and convenience store operator with 42 site locations in the U.S.A. Rated #1 Franchisee by TravelCenters of America in 2021 and 2022, the tenant has years of experience working with QSRs (quick-service restaurants) such as Chipotle Mexican Grill and Einstein Bros. Bagels. Most recently, LV Petroleum, LLC and Kingsbarn Realty Capital made headlines together for partnering with leading chicken franchise Bojangles to bring the brand out to Western markets with the development of 30 new restaurants.
PROPERTY HIGHLIGHTS
Shepherd, Texas
This website does not offer to sell, or a solicitation of an offer to buy, securities. Offers can only be made through the Private Placement Memorandum which contains various and important risk disclosures. This web site does not purport to be complete and should be viewed in conjunction with the Private Placement Memorandum. An investment of this sort is speculative and involves a high degree of risk. Projections of future performance contained herein are based on specific assumptions discussed more fully in the Private Placement Memorandum and do not constitute a guaranty of future performance.
DST Interests in any of the properties displayed on this website may be sold only to "accredited investors," as defined in Regulation D under the U.S. Securities Act of 1933, as amended (the "Securities Act"), which, for natural persons, refers to investors who meet certain minimum annual income or net worth thresholds. Offers and sales of DST interests have not and will not be registered under the Securities Act or the laws of any U.S. state or non-U.S. jurisdiction and may be offered only pursuant to an exemption from such registration. Neither the U.S. Securities and Exchange Commission nor any other regulatory authority has passed upon the merits of an investment in the DST Interests, has approved or disapproved of DST Interests or passed upon the accuracy or adequacy of this website and any supplementary materials describing the DST Interests. DST Interests are also not subject to the protections of the Investment Company Act of 1940, including the limitations on self-dealing, affiliated transactions and leverage contained therein. DST Interests are subject to legal restrictions on transfer and resale in accordance with the governing documents of the Trust and applicable securities laws, and investors may be unable to sell or transfer their DST interests. In addition, there is no public market for the DST interests and no such market is expected to develop in the future. Investing in the DST securities involves risk, and investors should be able to bear the loss of their investment.