Văn Phú Invest GRADE C

Building Overview

Developed by Van Phu - Invest Investment Joint Stock Company, the Van Phu Invest office building at 104 Thai Thinh establishes a professional workspace that meets the practical operational needs of modern businesses. With a scale of 08 above-ground floors and a typical floor plate of 600 sqm, the building offers highly flexible leasing spaces, maximizing usable area thanks to its column-free design. This is an ideal Grade C+ office option for businesses seeking a balance between operational costs and working efficiency.

Location and Connectivity

Van Phu Invest Building is located at the front of 104 Thai Thinh, Dong Da Ward, Hanoi, one of the busiest streets with high commercial density in the heart of Dong Da wardt.

• Thai Thinh - Lang Ha - Tay Son arterial roads: Provide quick connection to Ba Dinh, Thanh Xuan, and Cau Giay ward without major traffic obstacles.
• Mipec Tay Son Hotel / Shopping Mall cluster: Located within a 1 km radius, facilitating convenient guest reception, conferences, and commercial transactions.
• Noi Bai International Airport: Approximately 40 minutes away via Ring Road 2 and Nhat Tan Bridge, ensuring seamless business travel schedules for executives.
• Surrounding utility ecosystem: Gathers a dense network of major bank branches such as Vietcombank, BIDV, Techcombank, along with various office-friendly restaurants and cafes right on Thai Thinh Street.

Technical Specifications and Operations

The building fully meets modern technical standards to ensure continuous working performance for tenants:

• Scale & Floor plate: Designed with 08 above-ground floors and a typical floor plate of 600 sqm, easily divisible into smaller areas from 100 sqm onwards.
• Ceiling height: Reaches a standard 2.7 m, creating an airy atmosphere and allowing easy installation of plaster ceilings and office lighting systems.
• Elevator system: Equipped with 02 high-speed elevators, minimizing waiting time during peak hours.
• Air conditioning system: Modern central air conditioning system, distributing temperature evenly to every workspace.
• Backup power: 100% backup power generator capacity, ensuring seamless operation even during power grid failures.
• Parking: On-site parking around the building is fully utilized to meet the car and motorbike parking needs of employees 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

The leasing policy at the building is highly competitive, helping businesses optimize their fixed monthly budget:

• Reference rent: $15 - $16 /sqm/month (rates may vary depending on the leased area and signing time).
• Service fee: Included in rent, simplifying cost management.
• VAT: 10%.
• Motorbike parking fee: 100,000 VND/motorbike/month.
• Car parking fee: 2,000,000 VND/car/month.
• Electricity consumption: Charged based on actual consumption via individual meters for each office.
• Overtime fee (OVT): Negotiable, depending on the scale of staff and equipment usage.
• Minimum lease term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its square 600 sqm floor plate and flexible layout options, the building is highly suitable for small and medium-sized enterprises (SMEs), technology companies, services, or representative offices that require a central location for convenient travel.

• Net vs. Gross area efficiency: Carefully measure the actual usable area compared to the gross area to plan the most optimal desk layout.
• Parking capacity: Evaluate the actual parking situation around the building during peak hours to ensure sufficient space for employees.
• AC cooling capacity: Check the air conditioning vents at the planned locations for meeting rooms or executive offices to ensure adequate cooling.
• Overtime charges: Clearly negotiate the overtime fee structure if your business frequently works late or runs urgent projects.

Advisory Conclusion

Van Phu Invest Building at 104 Thai Thinh is a practical office solution that effectively addresses the cost concerns of businesses in the central Dong Da area. The combination of a favorable commercial location and reasonable rental rates creates a strong competitive advantage. To receive the latest vacant area updates and professional negotiation support, contact GRES specialists today.