Opportunity: Pegasus Investments is pleased to offer a single tenant 100% absolute triple net leased Alamo Drafthouse Cinema located in Lubbock, Texas. Located only 2 miles from Texas Tech University, the property benefits tremendously from its proximity to one of Texas’ top ranked universities with enrollment exceeding 35,000 students each year. Unsurprisingly, unit level performance is impressive with annual per screen revenues in excess of $1 million. Headquartered in Austin, Texas, Alamo Drafthouse Cinema is highly regarded as one of the leading luxury theaters in the country with 29 locations nationally including 17 in Texas alone. Investors will benefit from an institutionally authored lease which features annual CPI-based rent increases, zero landlord obligations, favorable tenant financial reporting requirements and personal guarantees from two high net worth individuals with restaurant and hospitality backgrounds and ownership in the guarantor (holding) company.