ACCI Building GRADE C

Building Overview

Located on 210 Le Trong Tan Street, Phuong Liet Ward, Hanoi, ACCI Building is an optimal cash flow solution for businesses seeking medium-sized workspaces in the southern area of the capital. Positioned in the professional Grade C segment, the building offers large floor plates of up to 400 sqm/floor across 10 above-ground floors and 1 basement. This is an ideal choice to solve the fixed cost puzzle when businesses need to expand their workforce while maintaining an optimized monthly operating budget.

Location and Connectivity

Situated at 210 Le Trong Tan, Phuong Liet Ward, Hanoi, ACCI Building boasts a favorable commercial location on a model street with well-developed transport infrastructure, directly connecting Thanh Xuan, Dong Da, and Hoang Mai ward.

• Le Trong Tan and Truong Chinh Axes: Quickly connect to Ring Road 2 and Nga Tu So intersection, facilitating convenient inter-wardt travel and access to key southern traffic routes.
• Artemis Le Trong Tan Shopping Center & Hotel Cluster: Just a 3-minute drive away, offering a significant advantage for hosting clients, organizing conferences, and providing shopping and dining options for employees.
• Noi Bai International Airport: Approximately 40 minutes away via Truong Chinh - Duong Lang - Vo Chi Cong - Nhat Tan Bridge, ensuring seamless connection for domestic and international business trips.
• Surrounding Utility Ecosystem: Surrounded by major bank branches, restaurants, eateries, and office cafes along Le Trong Tan Street.

Technical Specifications and Operations

To evaluate the building's technical capabilities against actual operational needs, businesses should review the following technical checklist:

• Scale & Floor Plate: Comprising 10 above-ground floors and 1 basement with a typical floor plate of 400 sqm/floor, allowing flexible space division from small units to full column-free floors.
• Ceiling Height: Reaches a standard of 2.7 m, creating an airy feel and optimizing lighting efficiency for the workspace.
• Elevator System: Equipped with 2 high-speed elevators, ensuring quick movement during peak hours.
• Air Conditioning System: Utilizes a centralized ceiling-mounted air conditioning system, distributing cool air evenly and saving energy.
• Backup Power: 100% backup power generator to maintain continuous operations during power outages.
• Parking Area: 1 basement level and surrounding building area fully accommodate the motorbike and car parking needs of employees.
• Standard Working Hours: Monday - Friday: 8:00 AM - 6:00 PM, Saturday: 8:00 AM - 12:00 PM.

Leasing Costs and Commercial Terms

From a financial management perspective, businesses should carefully review the rental budget allocation and commercial terms applied at the building:

• Reference Rent: $9 - $10 /sqm/month (highly competitive in the Grade C office segment in the area).
• Service Fee: Included in rent, helping businesses easily control monthly fixed costs.
• VAT: 10%.
• Motorbike Parking Fee: 100,000 VND/motorbike/month.
• Car Parking Fee: 1,200,000 VND/car/month.
• Electricity Consumption: Actual consumption as per meter for each office.
• Overtime Fee (OVT): Negotiable based on the actual usage requirements of the business.
• Minimum Lease Term: Minimum 3-year lease.
• Deposit & Payment: 3-month deposit - Quarterly payment, ensuring stability for operational cash flow.

Suitable Tenant Profiles and Checks

ACCI Building is perfect for small and medium enterprises (SMEs), technology firms, logistics companies, or service providers requiring spacious, cost-efficient offices with convenient transportation access. To ensure maximum benefits before signing the lease, businesses should conduct a practical survey on the following points:

• Net Usable Area Ratio: Carefully measure the net usable area versus the gross area to accurately calculate the actual rental cost per employee.
• Peak Hour Parking Capacity: Physically check the capacity of the basement and surrounding area during morning arrival and afternoon departure hours.
• Overtime (OVT) Policies: Clearly negotiate overtime fees if your business frequently runs night shifts or weekend operations.
• Auxiliary AC Systems: Assess the feasibility of installing additional split AC units for server rooms if 24/7 cooling is required.

Advisory Conclusion

ACCI Building offers an extremely cost-effective solution thanks to its reasonable rent (inclusive of service fees) and flexible 400 sqm floor plates. To receive a detailed monthly operating cost calculation and schedule a physical site visit at this building, please contact GRES consultants today.