SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Alamo Drafthouse Cinema investment property located in Laredo, Texas. The tenant, Reel Dinner Partners - Laredo, LLC, has approximately 19 years remaining on its 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 3% annual rental increases throughout the initial term and increases of the greater of 3% or fair market value in the option periods, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for a passive investor. Alamo Drafthouse’s goal is to deliver the best cinema experience in the world, accomplished through 4 main pillars: creative film programming, unique food and beverage offerings, innovation, and stable, consistent growth strategy. The company has over 35 locations throughout the country. After pandemic restrictions were lifted, Alamo Drafthouse recovered faster than any other theater brand. ADH continues to be a leader in the theater space. As an additional demonstration of commitment to the site, the tenant originally built these theaters, before selling them to a public REIT.