3500 E. Colorado Blvd, Pasadena, CA 9110 FOR SALE


Pasadena, CA - East Pasadena
$21,980,000 USD
818-334-2111
, Pasadena, CA for Sale
$21,980,000 USD
FOR SALE
1/4
null | 6.5% Cap Rate

3500 E. Colorado Blvd, Pasadena, CA 9110
Pasadena, CA
East Pasadena


OVERVIEW

Signature Hospitality Advisors, in cooperation with RAD Capital Group as Capital Advisor, exclusively presents a rare dual-income acquisition opportunity purpose-built for passive investors, family offices, and institutional buyers — a stabilized hotel-and-retail campus at 3500 E. Colorado Boulevard on the iconic Rose Parade route in Pasadena, California. The portfolio is offered at $21,980,000, with the hotel allocation at $16,800,000 and retail allocation at $5,200,000. The offering combines IHG-branded lodging demand, Pasadena event and institutional demand drivers, and durable retail cash flow. Here is the link to Offering Memorandum: https://deals.radcre.com/holiday-inn-express-suites-pasadena-los-angeles-by-ihg Investment highlights: #1 REVPAR IN COMPETITIVE SET - The hotel ranked #1 in RevPAR within its 7-property STR competitive set on a trailing 12-month basis through January 2026, achieving an RGI of 1.292 and MPI of 111.5 — outperforming occupancy, ADR, and RevPAR simultaneously. DUAL-INCOME CASH FLOW — HOTEL + RETAIL - Two income streams under one ownership: hotel T-12 NOI of $1,000,623 plus retail T-12 NOI of $324,392 at a 99.3% margin. Combined T-12 NOI: $1,325,015. IHG FLAG + 100M MEMBER LOYALTY NETWORK - Holiday Inn Express & Suites benefits from IHG centralized revenue management, global distribution, and IHG One Rewards — one of the largest hotel loyalty programs in the world. ROSE PARADE ROUTE — IRREPLACEABLE LOCATION - Situated directly on the historic Tournament of Roses Parade route at 3500 E. Colorado Blvd, with event demand from the Rose Bowl, Caltech, JPL, Huntington Memorial, and the Pasadena Convention Center. SUPPLY-CONSTRAINED MARKET — HIGH BARRIER TO ENTRY - Strict zoning, high land costs, and entitlement complexity limit new hospitality supply in Pasadena, supporting durable pricing power for well-positioned existing assets. BIFURCATION FLEXIBILITY - The portfolio may be acquired at $21,980,000 or bifurcated into $16,800,000 for the hotel and $5,200,000 for the retail component.

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Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

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Majid RadaeiRad Commercial RealtyMore Info
818-334-2111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.