Building Overview
Minori Office is a Grade C commercial property completed in 2018. Developed by Cong ty TNHH Phat trien Du an Toan Cau, the building provides professional workspace solutions managed directly by the building owner. The property features 09 above-ground stories and 02 basements, catering to organizations seeking functional, cost-effective office layouts.
With typical floor plates of 445 sqm, the building allows tenants to configure open-plan or partitioned offices. The design supports efficient space utilization, making it suitable for growing teams and operational centers that require flexible layout options.
Location and Connectivity
Situated at 67A Truong Dinh, Tuong Mai Ward, Hanoi, Minori Office occupies a position that connects local businesses to the surrounding commercial corridors. The location allows tenants to establish a presence in Tuong Mai Ward with direct access to Truong Dinh street.
The property connects to major routes including the Bach Mai, Tran Khat Chan, and Pho Hue axis. This connectivity assists staff and clients in commuting to and from central business areas. Tenants should verify specific local traffic patterns and public transit options during peak hours as part of their site-survey checklist.
Technical Specifications and Operations
The building is equipped with standard commercial infrastructure to support daily business operations. The technical specifications include:
- Ceiling Height: Clear height of 2.7 meters, providing a comfortable working environment.
- Elevators: 02 high-speed elevators servicing all floors.
- Air Conditioning: Modern central air conditioning system.
- Backup Power: 100% backup generator capacity to secure continuous operations.
- Parking: 02 basement levels combined with an on-site parking area.
- Operating Hours: Monday to Friday from 7:30 AM to 6:00 PM, and Saturday from 8:00 AM to 1:00 PM.
Tenants are advised to confirm current vacancy sizes, lease terms, and negotiate overtime fees, which are subject to agreement. The standard lease term requires a minimum of 3 years, with a 3-month deposit and quarterly payments.
Leasing Costs and Commercial Terms
The rental rate at Minori Office ranges from $9 to $11 per square meter, with the service fee already included in this base rent. Value Added Tax (VAT) is applied at a standard rate of 10%. Tenants should account for these additional operational costs when planning their monthly budgets:
- Car Parking: Billed at 1,500,000 VND per vehicle monthly for cars.
- Motorbike Parking: Billed at 100,000 VND per vehicle monthly for motorbikes.
- Electricity: Billed based on actual consumption recorded by individual meters for office use.
- Overtime Charges: Subject to direct negotiation with the building owner depending on usage requirements.
The standard lease agreement requires a minimum commitment of 3 years. Financial terms dictate a 3-month security deposit, with rental payments settled on a quarterly basis.
Suitable Tenant Profiles and Checks
With a typical floor plate of 445 square meters, the property is suited for organizations requiring contiguous floor space to consolidate operations. It serves back-office operations, technology firms, and growing enterprises that need functional layouts without the high overhead of Grade A or B structures in central business areas.
Before finalizing any lease agreement, prospective tenants should perform several practical on-site verifications to ensure operational alignment:
- Space Availability: Confirm the exact contiguous square footage available at the time of inquiry, as configurations change.
- Overtime Terms: Clarify the specific conditions, hourly rates, and cooling capacities for air conditioning and lighting outside standard working hours.
- Parking Allocation: Verify the exact number of car and motorbike slots allocated to the leased area within the two basements and on-site parking zone.
Advisory Conclusion
Minori Office presents a balanced commercial option for businesses seeking stable operations in Tuong Mai Ward. The combination of a 445 sqm floor plate, dual basement parking, and a competitive rent inclusive of service fees makes it a viable alternative to more expensive central locations. Tenants seeking to establish a presence here should coordinate with a GRES advisor to review current vacancies, verify lease terms, and arrange a detailed site survey.
Conducting these checks early in the leasing process helps mitigate operational risks and ensures a smooth transition into the new workspace.