Lucky Building GRADE C

Building Overview

From the independent market perspective of GRES specialists, Lucky Building stands out as one of the most effective cash flow optimization solutions for businesses seeking office space in the Cau Giay area. With a scale of 11 stories and 1 basement level, this Grade C office building offers a typical floor plate of 330 sqm/floor, delivering a perfect balance between reasonable rental costs and practical utility. The building's greatest advantage lies in its highly competitive rental rates coupled with an all-inclusive service fee. This structure allows tenants to easily manage fixed monthly budgets and minimize the risk of unexpected operational expenses throughout the lease cycle.

Location and Connectivity

The building is located directly at 79 Tran Thai Tong, Cau Giay Ward, Hanoi, situated on one of the most bustling commercial and rapidly developing economic axes in the western part of the capital.

• Tran Thai Tong traffic axis: Connects directly to key routes such as Duy Tan, Xuan Thuy, Cau Giay, and Pham Hung, facilitating seamless business transactions and connection to adjacent ward.
• Hotel / Shopping Mall / Cau Giay Park cluster: Located just 5 minutes away from Cau Giay Park and surrounding commercial centers, enhancing corporate image and client entertainment capabilities.
• Noi Bai International Airport: Quickly accessible within approximately 30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding utility ecosystem: Highly concentrated with major bank branches, restaurants, cafes, and supporting services catering to office workers' daily needs.

Technical Specifications and Operations

Lucky Building is equipped with synchronized infrastructure to ensure continuous operational efficiency for businesses:

• Scale & Floor plate: Comprises 11 stories and 1 basement level, with a typical floor plate of 330 sqm/floor featuring a square layout for easy division.
• Ceiling height: Reaches a standard of 2.7 m, providing a natural, airy feel to the workspace.
• Elevator system: Features a system of 2 high-speed elevators operating smoothly to reduce waiting times during peak hours.
• Air conditioning system: Central air conditioning system distributing temperature evenly across the floor.
• Backup power: 100% backup power generator, ensuring uninterrupted business operations during grid failures.
• Parking facilities: 1 basement parking level adequately meets the motorbike and car parking needs of staff.
• Standard working hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Below is a detailed breakdown of rental costs and commercial terms applicable at the building:

• Reference rent: $12 - $13 /sqm/month (highly competitive in the area).
• Service fee: Included in rent, helping businesses save significant operational costs.
• VAT: 10%.
• Motorbike parking fee: 125,000 VND/motorbike/month.
• Car parking fee: 1,000,000 VND/car/month.
• Electricity fee: Metered electricity consumption based on actual usage.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Lucky Building is an ideal choice for small and medium-sized enterprises (SMEs), technology startups, or service providers looking for a central office location within a reasonable budget. The 330 sqm floor plate allows for flexible layout configurations, optimizing actual usable space.

• Verify net usable area: Carefully measure the net usable area versus the gross area to accurately calculate staff density.
• Survey parking capacity at peak hours: Evaluate the capacity of the 1 basement level during morning arrival and afternoon departure times to plan coordination.
• Assess air conditioning system: Determine the actual cooling capacity in corners before installing office partitions.
• Negotiate payment terms: Discuss rent escalation clauses and rent-free fit-out period incentives.

Advisory Conclusion

In conclusion, Lucky Building offers an optimal financial solution for businesses thanks to its reasonable rental rates and all-inclusive service fees. To receive a detailed leasing proposal, the latest vacant area updates, and to schedule a site visit, please contact GRES consultants for comprehensive support and to negotiate the most favorable contract terms.