An Hưng Building GRADE C

Building Overview

Located in a bustling commercial area, An Hung Building is a Grade C office building featuring 7 stories and 1 basement level, offering a typical floor plate of 400 sqm. With a modern design that maximizes usable area and minimizes internal columns, the building delivers high spatial efficiency for tenants. This is an ideal workspace solution that addresses the budget optimization needs of businesses while maintaining a professional corporate image.

Location and Connectivity

Situated on the street of 85-87 Hoang Quoc Viet, Nghia Do Ward, Hanoi, the building boasts a prominent frontage on a major arterial route connecting the western wardt with the city center. This strategic location allows businesses to easily access administrative offices, new urban areas, and key traffic junctions without major congestion during peak hours.

• Hoang Quoc Viet Arterial Road: Provides direct and rapid connection to key routes such as Lac Long Quan, Pham Van Dong, and Nguyen Van Huyen, facilitating seamless inter-wardt travel.
• Nghia Do Park / Shopping Centers: Positioned close to Nghia Do Park and major commercial centers, offering green spaces for relaxation and enhancing corporate hospitality for client meetings.
• Noi Bai International Airport: Just a 25-30 minute drive via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding Amenity Ecosystem: Surrounded by a dense network of major transaction banks, restaurants, and office cafes, catering to daily dining and client reception needs.

Technical Specifications and Operations

To evaluate how well the building's infrastructure supports your daily operations, businesses should review the following standard technical specifications:

• Scale & Floor Plate: Consists of 7 stories and 1 basement level with a typical floor plate of 400 sqm, enabling flexible workspace partitioning.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy environment and allowing easy installation of suspended ceilings and lighting systems.
• Elevator System: Equipped with 2 high-speed elevators, ensuring smooth vertical transportation during peak hours.
• Air Conditioning System: Features a modern central air conditioning system, distributing temperature evenly across all office areas.
• Backup Power: Supported by a 100% capacity backup generator, ensuring uninterrupted business operations.
• Parking Facilities: 1 basement level dedicated to parking, meeting the parking needs of both employees and clients.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:00 PM).

Leasing Costs and Commercial Terms

The budget allocation and commercial terms at the building are structured to optimize cash flow and minimize initial capital expenditure for tenants:

• Reference Rental Rate: $7 - $8 /sqm/month (highly competitive within the area).
• Service Fee: 2 USD/sqm/month.
• VAT: 10%.
• Motorbike Parking Fee: 120,000 VND/motorbike/month (Free parking for a certain number of motorbikes based on the leased area).
• Electricity Consumption: Charged based on actual consumption via individual meters.
• Overtime Fee (OVT): Negotiable based on actual usage requirements.
• Minimum Lease Term: 3 years.
• Deposit & Payment: 3-month deposit and quarterly payments, ensuring stability for operational cash flow.

Suitable Tenant Profiles and Checks

With its absolute advantage in rental costs and convenient commercial location, the building is an ideal choice for companies prioritizing cost optimization while maintaining a professional workspace, particularly small and medium-sized enterprises (SMEs), tech startups, or representative offices. Before signing the lease agreement, businesses are advised to conduct a physical site inspection using the following checklist:

• Verify Net vs. Gross Area: Measure the actual usable area compared to the gross area to calculate the precise cost per actual square meter.
• Assess Peak-Hour Parking Capacity: Evaluate the actual capacity of the basement during early morning and early afternoon hours to ensure convenience for staff.
• Evaluate After-Hours AC Costs: Clarify the overtime fee (OVT) structure and actual power consumption if your business operates late shifts.
• Inspect Column Layout: Identify the positions of structural columns to plan an optimal desk layout and avoid wasting space.

Advisory Conclusion

An Hung Building offers an outstanding financial solution for businesses seeking professional office space in Nghia Do Ward with a reasonable budget. The combination of competitive rental rates, a convenient location, and standard property management services helps businesses maintain a stable cash flow to focus on their core operations. To receive a detailed quotation, the latest vacant area updates, and to schedule a site visit, please contact the consulting experts at GRES.