Vạn Phúc Building GRADE C

Building Overview

Located on Nui Truc Street, Ngoc Ha Ward, Ha Noi, Van Phuc Building offers an ideal workspace solution for businesses seeking Grade C office spaces with large floor plates in the central wardt. With an expansive floor plate design of up to 500 sqm, the building effectively addresses the team cohesion challenges faced by small to medium enterprises (SMEs) and large corporations, optimizing internal workflow without being fragmented across multiple floors. This is one of the most cost-effective office choices in terms of actual operational expenses, thanks to highly favorable commercial policies from the landlord.

Location and Connectivity

Van Phuc Building is situated at 2 Nui Truc, Ngoc Ha Ward, Ha Noi, located right on a bustling traffic route directly connecting to the city's key diplomatic and commercial axes.

• Nui Truc Traffic Axis: Directly connects to major routes such as Kim Ma, Giang Vo, and Nguyen Thai Hoc, ensuring rapid inter-wardt travel and minimizing traffic congestion.
• Diplomatic Corps Area: Situated adjacent to the Diplomatic Corps area, facilitating diplomatic activities, international partner receptions, and enhancing corporate prestige.
• Noi Bai International Airport: Takes approximately 30 minutes via Vo Chi Cong Street and Nhat Tan Bridge, optimizing travel time for business trips.
• Surrounding Amenities: Surrounded by numerous major bank branches, restaurants, business cafes, and auxiliary services to support daily business meetings.

Technical Specifications and Operations

Van Phuc Building is equipped with synchronous technical infrastructure, fully meeting the operational standards of a professional office:

• Scale & Floor Plate: Consists of 06 above-ground floors with a typical floor plate of 500 sqm/floor, featuring a layout that maximizes usable space.
• Ceiling Height: Reaches a standard of 2.7 m, creating a spacious feel and facilitating the installation of plaster ceilings and lighting systems.
• Elevator System: Equipped with 01 stable operating elevator to meet internal vertical transit needs.
• Air Conditioning System: Individual air conditioning system, allowing independent temperature control for each specific work area to save energy.
• Backup Power: 100% backup power capacity to ensure uninterrupted operations during power outages.
• Parking Area: Spacious parking area around the building, well-meeting the parking needs of employees' motorbikes and cars.
• Standard Working Hours: Monday to Friday (8:00 AM - 6:00 PM) and Saturday (8:00 AM - 12:30 PM).

Leasing Costs and Commercial Terms

The leasing policy at Van Phuc Building is highly competitive and transparent, helping businesses optimize their operational cash flow:

• Reference Rent: $11 - $12 /sqm/month (highly competitive in the central office segment).
• Service Fee: Included in rental price, allowing easy budget control for tenants.
• VAT: 10%.
• Motorbike Parking Fee: Free of charge, a significant financial benefit for companies with large workforces.
• Car Parking Fee: Free of charge, greatly reducing operational costs for management and partners.
• Electricity Fee: Actual consumption based on individual meters.
• Overtime Fee (OVT): Free of charge, optimizing costs for businesses that frequently work late or run night shifts.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment.

Suitable Tenant Profiles and Checks

Van Phuc Building is particularly suitable for small to medium enterprises (SMEs), IT companies, financial firms, or non-governmental organizations looking to consolidate their entire workforce on a single large 500 sqm floor plate to enhance team cohesion and productivity. To ensure smooth daily operations, businesses should pay attention to the following survey points:

• Elevator Efficiency Check: Assess the capacity of the 01 elevator during peak morning and afternoon hours to coordinate flexible working shifts.
• Usable Area Survey: Measure the actual usable area versus the gross area to plan the most efficient desk layout for staff.
• AC Capacity Assessment: Test the individual air conditioning system at the leased area to ensure uniform cooling for densely populated departments.
• Parking Space Verification: Survey the parking area around the building to ensure adequate space during peak days.

Advisory Conclusion

Van Phuc Building stands out as a rare Grade C office option offering a large floor plate in the Ba Dinh area with highly optimized operational costs, thanks to free parking and zero overtime fees. To receive a detailed analysis of available spaces and support in negotiating the best lease terms, contact a GRES specialist today.