Building Overview
Located in Cua Nam Ward, 8 Tran Hung Dao is a Grade C office building designed to accommodate small to medium enterprises, startups, and representative offices. The property features a total floor area of 1,400 sqm distributed across 06 above-ground floors. With typical floor plates ranging from 200 to 300 sqm, the building provides flexible layout options that can be divided to suit specific team configurations or individual workspace requirements.
The building features a modern design with large glass windows that maximize natural light, creating a functional working environment. It offers a practical solution for businesses seeking a professional presence in a central area without the high overhead costs associated with larger commercial complexes.
Location and Connectivity
The property is situated at 8 Tran Hung Dao, Cua Nam Ward, Ha Noi. This position provides double frontage on both Tran Hung Dao and Le Thanh Tong, which enhances corporate visibility and simplifies navigation for visitors. The surrounding area in Cua Nam Ward hosts various administrative and commercial facilities, ensuring convenient access to daily business necessities.
Additionally, the building is located near Hanoi Railway Station, which supports regional transportation links for employees and clients commuting from other areas. Tenants should verify specific local traffic patterns and nearby transit options during site visits.
Technical Specifications and Operations
The building is equipped with standard commercial infrastructure to support daily business operations. The technical specifications and leasing terms include:
- Ceiling Height: 2.7 meters, providing standard clearance for office installations.
- Air Conditioning: Modern central air conditioning system.
- Elevators: 01 high-speed elevator servicing the floors.
- Power Supply: 100% backup power generator to maintain operations during outages.
- Parking: Off-site parking arrangements; specific allocations and fees for cars and motorbikes should be confirmed during lease negotiations.
- Lease Terms: Minimum 3-year lease term, with a 3-month deposit and quarterly payments.
Standard operating hours run from Monday to Friday (8:00 AM – 6:00 PM) and Saturday (8:00 AM – 12:00 PM). The rental rate is set between $19 and $20 per sqm, which includes the service fee but excludes 10% VAT. Electricity consumption is billed based on actual meter readings, and overtime fees are negotiable.
Leasing Costs and Commercial Terms
The rental rate at 8 Tran Hung Dao ranges from $19 to $20 per sqm. This base rate includes the building service fee, though a 10% VAT is applicable. Standard commercial agreements require a minimum lease term of 3 years, structured with a 3-month security deposit and quarterly rental payments.
Operational expenses are calculated based on actual consumption. Electricity is monitored and billed via individual meters. Overtime operational fees are not fixed and remain subject to negotiation depending on the tenant’s specific after-hours requirements. Because parking is designated off-site, monthly fees for both motorbikes and cars are currently unconfirmed and must be verified during lease discussions.
Suitable Tenant Profiles and Checks
With typical floor plates of 200 to 300 sqm, this property is suited for startups, representative offices, and small to medium enterprises seeking compact, functional workspaces. The moderate floor sizes allow for efficient team configurations or private office divisions. Before finalizing a lease, prospective tenants should conduct several practical checks:
- Off-site Parking Logistics: Verify the exact location, walking distance, capacity, and monthly rates of the external parking facilities for employees and visitors.
- Space Availability: Confirm the current vacant areas and whether the landlord supports custom floor divisions for smaller layouts.
- Overtime Costs: Negotiate the specific hourly rates for operating outside standard hours, especially if your business requires weekend or late-evening operations.
- Utility Metering: Review the setup of individual electricity meters to ensure accurate tracking of office and air conditioning power consumption.
Advisory Conclusion
8 Tran Hung Dao in Cua Nam Ward provides a cost-effective office solution in a central location. The inclusion of the service fee within the base rent offers budget predictability for growing businesses. To ensure a smooth transition, tenants should prioritize a physical site survey to assess off-site parking arrangements and clarify utility billing details before signing the lease agreement.