Trico Building GRADE C

Building Overview

Located on Nguyen Van Cu Street, Bo De Ward, Hanoi, Trico Building is a Grade C office building featuring a prominent scale of 18 above-ground floors and 2 basement parking floors. With a typical floor plate of 836 sqm, the building provides spacious work environments, effectively resolving layout planning challenges for medium to large enterprises. The biggest advantage of the building is the integration of modern technical infrastructure equivalent to Grade B standards while maintaining highly competitive rental rates, helping businesses optimize their monthly operational cash flow.

Location and Connectivity

The building is situated on the street front of 548 Nguyen Van Cu, Bo De Ward, Hanoi, right on the backbone route connecting Long Bient with the city center. This is a busy commercial street with a 6-lane wide road, ensuring smooth traffic flow and minimizing congestion during peak hours.

• Nguyen Van Cu Axis: Directly and quickly connects to Hoan Kiem wardt via Chuong Duong Bridge and to Hai Ba Trung wardt via Vinh Tuy Bridge.
• Chuong Duong Bridge: Located approximately 2.5 km from the building, allowing businesses to easily access the central old quarter within a 10-minute drive, creating a major advantage in transactions and external relations.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Nguyen Giap road or Nhat Tan Bridge, facilitating business trips and welcoming international partners.
• Surrounding Amenities Ecosystem: Situated close to major bank branches, notary offices, restaurants, and diverse office support services in Bo De Ward.

Technical Specifications and Operations

Trico Building is equipped with synchronized technical infrastructure, ensuring continuous operational efficiency for businesses:

• Scale & Floor Plate: 18 above-ground floors and 2 basement floors, with a typical floor plate of 836 sqm featuring an open design to optimize actual usable space.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy working space and facilitating the installation of plaster ceilings and lighting systems.
• Elevator System: 3 high-speed elevators to minimize waiting times during peak hours.
• Air Conditioning System: Modern central air conditioning system, ensuring even temperature distribution across the entire floor area.
• Backup Power: Backup generator ensuring 100% power capacity, guaranteeing uninterrupted business operations.
• Parking: 2 spacious basement floors, well-meeting the motorbike and car parking needs of both staff and clients.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Financially, the building offers a superior competitive advantage thanks to its service fee-inclusive policy, allowing businesses to easily control monthly operating cash flow:

• Reference Rental Price: $10 - $11 /sqm/month (highly competitive compared to buildings of similar scale in the area).
• Service Fee: Included in the rental price.
• VAT: 10%.
• Motorbike Parking Fee: 150,000 VND/motorbike/month.
• Car Parking Fee: 1,500,000 VND/car/month.
• Electricity Fee: Actual consumption as per individual office meter.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Trico Building is an ideal choice for technology, logistics, import-export companies, or units looking for spacious office space in the Long Bien area with an optimized budget. When conducting a physical site survey, businesses should note the following points:

• Measure Net Usable Area: Determine the exact ratio of actual usable area compared to gross area to optimize rental costs.
• Check Parking Capacity: Physically survey the capacity of the 2 basements during peak hours to ensure it meets the company's motorbike and car parking demands.
• Evaluate Air Conditioning: Inspect the operation and airflow distribution of the central air conditioning system at the corners of the office floor.
• Negotiate Payment Terms: Flexibly negotiate payment cycles and grace periods during the fit-out construction phase.

Advisory Conclusion

Trico Building is one of the most cost-effective office solutions on Nguyen Van Cu Street, Long Bient. With a reasonable rental rate that already includes service fees and technical infrastructure close to Grade B standards, the building helps businesses save significant operating costs while maintaining a professional working environment. To receive a detailed quote, the latest vacant areas, and support in negotiating the best lease contract at Trico Building, please contact GRES consultants.