Vietcom Building GRADE C

Building Overview

Featuring a dedicated 8-story structure with a typical floor plate of 250 sqm/floor, Vietcom Building offers a highly practical and cost-effective workspace solution in the bustling Ba Đình area. With highly competitive rental rates ranging from $11 to $13 /sqm, this Grade C building is managed directly by the owner, eliminating unnecessary intermediary costs. It represents a smart financial choice for businesses looking for a stable office location while minimizing monthly operational cash flow pressure.

Location and Connectivity

The building is located at 18 Nguyen Chi Thanh, Giang Vo Ward, Hanoi, situated on one of the capital's most vibrant arterial roads with high commercial density.

• Nguyen Chi Thanh Arterial Road: Provides direct and seamless connection to Dong Da and Cau Giay ward via Lieu Giai and Kim Ma streets, facilitating easy commutes for staff and partners.
• Daewoo Hotel and Lotte Center: Located just 50m from Daewoo Hotel and 100m from Lotte Center, offering significant advantages for hosting international partners and organizing major conferences.
• Noi Bai International Airport: Approximately 30 minutes away via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for domestic and international business trips.
• Surrounding Amenities Ecosystem: Surrounded by major banks, Vincom Center Nguyen Chi Thanh, and a variety of office-friendly restaurants and cafes to support daily dining and business meetings.

Technical Specifications and Operations

To evaluate the building's operational capability, businesses can refer to the following standard technical checklist:

• Scale & Floor Plate: 08 above-ground floors with a typical floor plate of 250 sqm/floor, featuring a well-proportioned layout that can be flexibly divided from 50 sqm to full floors.
• Ceiling Height: Reaches a standard 2.7 m, optimizing the installation of plaster ceilings and lighting systems.
• Elevator System: High-speed elevator system ensuring stable traffic flow during peak hours.
• Air Conditioning: Modern central air conditioning system distributing temperature evenly across all office areas.
• Backup Power: 100% backup power generator to maintain seamless operations during power grid failures.
• Parking Area: Parking area surrounding the building is utilized to accommodate motorbikes and cars for staff.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

Vietcom Building offers a highly competitive pricing policy, helping businesses optimize long-term operational cash flow:

• Reference Rental Rate: $11 - $13 /sqm/month (rates may vary depending on leased area and market timing).
• Service Fee: Included in rent, allowing businesses to easily plan a fixed monthly budget.
• VAT: 10%.
• Electricity Fee: Charged based on actual consumption via individual meters.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

With its efficient 250 sqm floor plates and highly optimized operational costs, Vietcom Building is an ideal choice for small to medium-sized enterprises, startups, or representative offices seeking a presence in a bustling area without heavy financial burdens. To ensure smooth operations, tenants are advised to verify the following practical aspects during their site visit:

• Net vs. Gross Area: Carefully measure the actual usable area compared to the gross area on the contract to optimize desk layouts.
• Parking Capacity: Inspect the parking area surrounding the building during peak hours to ensure sufficient space for staff and clients.
• Floor Partitioning Options: Clarify partition policies and reinstatement costs with the landlord upon lease expiration.
• Overtime Policy: Discuss details with the management regarding policies and fees if your business frequently works after hours.

Advisory Conclusion

Vietcom Building is a highly practical office solution that effectively resolves the cost-optimization puzzle for businesses in the heart of Ba Dinh wardt. The inclusion of the service fee in the rental rate simplifies operational cash flow and minimizes unexpected expenses. Contact GRES specialists today to receive a detailed quotation, check current vacancies, and schedule a physical site inspection.