Building Overview
Audi Building is a low-rise commercial property located at 8 Pham Hung, Yen Hoa Ward, Hanoi. Classified as a Grade C office building, this development features a 3-story structure. With a typical floor plate of 2,800 square meters, the building provides expansive, column-free floor plates that accommodate large-scale layouts or flexible subdivisions. It serves as a practical option for organizations requiring substantial horizontal space while managing rental expenditures.
Location and Connectivity
Situated at 8 Pham Hung, Yen Hoa Ward, Hanoi, the building sits near the intersection of Pham Hung and Mac Thai Tong. This position links tenants to major arterial routes, including Tran Duy Hung, Me Tri, Duong Dinh Nghe, Le Van Luong, and Thang Long Avenue.
- The property is situated approximately 500 meters from the Tran Duy Hung – Khuat Duy Tien – Thang Long Avenue intersection.
- My Dinh bus station is reachable within a 5-minute drive, while Noi Bai Airport is over 20 minutes away under normal traffic conditions.
- Financial services are accessible within a 1-kilometer radius, including branches of BIDV, Vietinbank, MBBank, Vietcombank, and Agribank.
Technical Specifications and Operations
The building operates with standard technical systems to support daily business activities:
- Floor height: Clear ceiling height of 2.7 meters.
- Vertical transit: 2 Mitsubishi elevators.
- Climate control: Modern central air conditioning system.
- Power backup: Generator covering 100% of the building’s capacity.
- Parking: Dedicated parking area around the building.
- Operating hours: Monday to Friday from 8:00 AM to 6:00 PM, and Saturday from 8:00 AM to 12:00 PM.
Lease terms require a minimum of 3 years, with a 3-month deposit and quarterly payments. The rental rate ranges from $8 to $10 per square meter, which includes the service fee. Motorbike parking is priced at 80,000 VND/month, and car parking is 600,000 VND/month. Overtime charges are complimentary when the central air conditioning is not in use. Prospective tenants should verify current vacant areas and specific electricity metering arrangements during site surveys.
Leasing Costs and Commercial Terms
The financial structure at Audi Building is positioned to accommodate cost-conscious organizations. The gross rental rate ranges from $8 to $10 per square meter per month, which already incorporates the building’s service fee. Value-added tax (VAT) is applied at 10%. For tenants managing corporate fleets, motorbike parking is priced at 80,000 VND per vehicle monthly, while car parking is set at 600,000 VND per vehicle monthly.
Operational cost management is further aided by the building’s overtime policy, which offers complimentary access when the central air conditioning system is not in use. Standard lease agreements require a minimum commitment of 3 years, structured with a 3-month security deposit and quarterly rental payments.
Suitable Tenant Profiles and Checks
With expansive, column-free floor plates measuring 2,800 square meters, this property is well-suited for organizations requiring extensive horizontal layouts. Typical profiles include large-scale operations, customer support centers, and technology firms that benefit from open-plan configurations or custom subdivisions. Before finalizing any lease, prospective tenants should conduct several practical site-survey checks:
- Current Vacancy: Verify the exact contiguous areas available at the time of inquiry, as configurations can change.
- Utility Metering: Confirm how individual office electricity consumption is metered and billed.
- Parking Allocation: Assess the physical capacity of the parking area around the building to ensure it meets staff requirements.
- Overtime AC Costs: Clarify the exact hourly rates if central air conditioning is required outside standard operating hours.
Advisory Conclusion
Audi Building in Yen Hoa Ward represents a practical, budget-friendly Grade C leasing option. Its primary utility lies in the rare availability of massive single-floor plates at a competitive price point. Tenants seeking to consolidate operations onto a single level while controlling overhead expenses will find this structure functional. Leasing advisors suggest scheduling an on-site inspection to evaluate the physical layout and negotiate specific commercial terms based on the intended lease duration.