Vocarimex Building GRADE C

Building Overview

Located on Cat Linh street, O Cho Dua Ward, Hanoi, Vocarimex Building is one of the most cost-effective Grade C office choices in a bustling commercial and administrative hub. Developed by the Vietnam Vegetable Oils Industry Corporation, the building features 09 stories and 01 basement, offering a typical floor plate of 350 sqm/floor with highly efficient layouts. A major highlight of the building is its LEED certification, which supports green building standards and significantly reduces monthly energy consumption costs for tenants. From a financial perspective, the building offers a highly flexible rental policy with service fees already included in the rent, allowing businesses to easily plan their fixed budgets without worrying about unexpected surcharges. This is a smart cash flow solution for enterprises seeking a prestigious business address while maintaining maximum budget efficiency.

Location and Connectivity

Vocarimex Building is situated at the prime street front of 8 Cat Linh, O Cho Dua Ward, Ha Noi, right on a major arterial street well-known for its vibrant commercial activities.

• Cat Linh arterial road: Connects directly to major streets such as Giang Vo, Ton Duc Thang, and Trịnh Hoài Đức, forming a comprehensive inter-wardt transport network that facilitates easy commuting for employees and clients.
• National Convention Center: Located approximately 3km away, providing convenient access for large-scale corporate events and conferences.
• Noi Bai International Airport: About 22km away, taking approximately 30-40 minutes via the Nhat Tan Bridge or Vo Chi Cong route.
• Surrounding amenities ecosystem: Surrounded by numerous major bank branches, restaurants, and office cafes, fully meeting the daily dining and business entertainment needs of staff.

Technical Specifications and Operations

Vocarimex Building is equipped with synchronized technical infrastructure to ensure stable operational performance for tenants:

• Scale & Floor plate: Features 09 stories and 01 basement, with a typical floor plate of 350 sqm/floor, easily divisible into flexible workspaces.
• Ceiling height: Reaches a standard of 2.7 m, providing a spacious feel and allowing easy installation of plaster ceilings and lighting systems.
• Elevator system: Equipped with 01 reliable elevator.
• Air conditioning system: Uses an individual air conditioning system, allowing independent temperature control for each department to optimize electricity consumption.
• Backup power: 100% backup power generator capacity to ensure uninterrupted business operations during grid failures.
• Parking: Located on the ground floor and basement, meeting the parking needs of employees.
• 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 cost structure at Vocarimex Building is highly competitive and transparent, supporting effective corporate cash flow management:

• Reference rent: Applied flexibly and competitively compared to other buildings in the same segment within the Cat Linh area.
• Service fee: Included in rent, minimizing the administrative burden of calculating separate management fees.
• VAT: 10%.
• Electricity fee: Charged based on actual consumption as per individual meters.
• Overtime fee (OVT): Negotiable based on the actual operational needs of the business.
• Minimum lease term: Minimum 3-year lease to ensure operational stability.
• Deposit & Payment: Standard terms of 3-month deposit and quarterly payments.

Suitable Tenant Profiles and Checks

Vocarimex Building is an ideal choice for small and medium enterprises (SMEs), tech startups, or representative offices requiring a central location with a reasonable budget. In particular, the LEED certification is a strong selling point for companies aiming for green and sustainable office standards. When conducting a physical site survey, businesses should carefully analyze the following points:

• Pros: Extremely economical rental costs with service fees included in the rent; bustling central location facilitating recruitment; LEED certification helping to reduce long-term energy costs.
• Cons: The building is equipped with only 01 elevator, so businesses need to consider employee transit times during peak hours to avoid congestion.
• Parking capacity check: Survey the ground floor and basement parking areas to ensure adequate spaces for the expected number of motorbikes and cars.
• Net usable area measurement: Determine the exact ratio of net usable area versus gross area to optimize desk layout and seating density.

Advisory Conclusion

Vocarimex Building offers the perfect solution for optimizing office rental costs in central Hanoi while ensuring a LEED-certified green workspace. To receive a detailed projection of total operational costs and schedule a direct viewing of available spaces, please contact GRES consultants today.