Building Overview
The Báo Nông Thôn Ngày Nay building offers functional Grade C office spaces situated in Cau Giay Ward. Rising 12 stories with 2 dedicated basement levels, the property provides a structured environment suitable for mid-sized enterprises seeking a presence in this active commercial hub. The typical floor plate measures 520 square meters, designed with a well-proportioned layout that allows tenants to divide and configure their workspaces efficiently.
Location and Connectivity
Positioned at Lot E2, Duong Dinh Nghe, Cau Giay Ward, the building sits approximately 500 meters from the key intersection of Duong Dinh Nghe, Trung Kinh, and Tran Thai Tong. This positioning facilitates direct routes to neighboring commercial zones and administrative offices. Tenants benefit from the established local infrastructure, which includes nearby dining options, retail services, and hospitality venues. When planning a site visit, tenants should evaluate local traffic patterns during peak hours to assess commute times for staff.
Technical Specifications and Operations
The building is equipped with standard commercial infrastructure to support daily business operations. Key technical and operational details include:
- Elevators: 4 high-speed passenger elevators servicing all office floors.
- Climate Control: Modern central air conditioning system with individual temperature controls.
- Power Backup: 100% capacity backup generator to maintain operations during outages.
- Parking: 2 basement levels and surrounding outdoor areas for vehicles.
- Operating Hours: 8:00 AM to 6:00 PM Monday through Friday, and 8:00 AM to 12:00 PM on Saturdays.
- Lease Terms: Minimum 3-year commitment with a 3-month deposit and quarterly payments.
The rental rate is set between $10 and $11 per square meter, which includes the service fee. Additional costs include a car parking fee of 1,500,000 VND per month, a motorbike fee of 100,000 VND per month, and metered electricity consumption. Overtime charges are negotiable. Prospective tenants are advised to verify current vacant areas and specific utility metering arrangements during lease negotiations.
Leasing Costs and Commercial Terms
Securing space at the Báo Nông Thôn Ngày Nay building involves a clear financial structure. The base rent ranges from $10 to $11 per square meter monthly, with the standard service fee already integrated into this rate. However, tenants must account for a 10% Value Added Tax (VAT) on top of this base figure. Operational expenses are structured as follows:
- Vehicle Parking: Car parking is priced at 1,500,000 VND per vehicle monthly, while motorbike parking is set at 100,000 VND per vehicle monthly.
- Utilities: Electricity for office use and air conditioning is billed separately based on actual consumption measured by individual meters.
- Overtime Fees: Charges for operating outside standard hours are negotiable, allowing flexibility for businesses with non-standard schedules.
- Lease Structure: Contracts require a minimum duration of 3 years, supported by a 3-month security deposit and quarterly rental payments.
Suitable Tenant Profiles and Checks
The building is well-suited for mid-sized enterprises, technology firms, and administrative offices seeking a functional presence in Cau Giay Ward. The 520-square-meter floor plate is highly adaptable, allowing for efficient partitioning into smaller workspaces starting from 80 square meters. This flexibility benefits growing teams that require customized layouts.
Before finalizing a lease, prospective tenants should conduct several practical site-survey checks:
- Confirm the exact allocation of parking spaces in the two basements relative to staff headcount.
- Verify the current availability of specific sub-divided floor areas.
- Clarify the exact calculation method for overtime cooling and electricity fees.
- Inspect the soundproofing quality of the exterior glass panels during peak traffic hours.
Advisory Conclusion
The Báo Nông Thôn Ngày Nay building offers a practical, cost-effective office solution in Cau Giay Ward. By combining essential technical features—such as four elevators and complete backup power—with competitive rental rates, the property serves as a functional base for budget-conscious organizations. Tenants are advised to initiate negotiations early to secure optimal parking quotas and define precise utility terms.