I have always thought that Ronin was great, although not exactly your criteria. The action was great action, and the down times were actual suspense. I guess good things happen when you make an action movie with good actors i.e. Deniero, Bean,and Reno.
Any of the Bourne movies do it for me - I’d go so far as to say the last two are the perfect example of pseudo-real action movies (though I confess that I missed the last quarter of The Bourne Supremacy because the movie theater caught fire - and you can’t get more action than that).
Aliens +1 … particularly because I know just how rushed the production schedule for it was. It’s incredible that it has stood the test of time and holds up as well today as it did twenty years ago when you consider how it was practically hot off the editing room reels and soundtrack scoring stage when it first hit cinemas. They didn’t have any time to polish it and it’s still gold. Cameron is notoriously picky about details and was forced to let so much slide, and Horner threw together a timeless action score for it in less than a week that still gets used in trailers and other promos to this day. Aliens is a testament to guerilla action filmmaking.