Vitraco Building (Tòa nhà Vitraco / 172 Thái Thịnh) delivers modern, highly cost-efficient Grade C commercial office space for lease located at 172 Thai Thinh Street, Thinh Quang Ward, Dong Da District, Hanoi. Featuring prominent dual frontages on Thai Thinh Street and a side alleyway, the 9-storey standalone office building with 1 subterranean basement level provides approximately 900 sqm of total leasable office area across typical floor plates of 105 sqm. With granular unit subdivisions starting from 45 sqm to 50 sqm up to full 105 sqm floor plates, all-inclusive rents from US$9.00 – $11.00/sqm/month (service charge included, VAT excluded), 1 high-speed passenger elevator, central two-way air conditioning, and 100% backup generator coverage, Vitraco Building provides an ideal, budget-conscious workspace solution for small and medium-sized enterprises (SMEs), startups, creative agencies, corporate branches, and representative offices.
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Vitraco Building is a practical option for SMEs
1. Executive Summary & Building Overview
Vitraco Building combines an accessible central Dong Da location, highly modular unit divisions, low occupancy overheads, and complete building infrastructure:
- Building Name: Vitraco Building (Tòa nhà Vitraco / 172 Thái Thịnh).
- Location & Address: 172 Thai Thinh Street, Thinh Quang Ward, Dong Da District, Hanoi.
- Building Grade: Grade C Commercial Office Building.
- Building Footprint Area: Approximately 150 sqm.
- Total Office Leasable Area: Approximately 900 sqm.
- Building Scale: 09 upper office storeys + 01 subterranean basement level.
- 01 Subterranean Basement: Designated parking garage for employee motorbikes and local daily commuters.
- Ground Level: Main building entrance, reception counter, elevator hall, and security counter.
- Upper Storeys (Levels 1–9): 09 storeys dedicated to flexible commercial office space for lease.
- Typical Floor Plate: Approximately 105 sqm per floor.
- Primary Leasing Options: Flexible unit subdivisions starting from 45 sqm or 50 sqm up to full-floor plates of 105 sqm.
- Key Financial Advantage:Inclusive Service Charge with all-inclusive rents starting at just US$9.00/sqm/month.
2. Strategic Location Advantages on Thai Thinh Commercial Corridor
Situated at 172 Thai Thinh Street, the property enjoys dual-frontage visibility and direct connectivity across central Hanoi:
- Dual Frontage Advantage: Positions the building with high street visibility and maximum natural light harvesting across two sides.
- Arterial Highway Links: Connects seamlessly to key thoroughfares including Lang Ha, Tay Son, Yen Lang, Hoang Cau, Thai Ha, Huynh Thuc Khang, and the Nga Tu So intersection.
- Multi-District Accessibility: Enables rapid transit across primary commercial hubs in Dong Da, Thanh Xuan, Ba Dinh, and Cau Giay Districts.
- Prominent Commercial Catchment: Situated in a dense residential and commercial business district surrounded by major retail hubs like Royal City Megamall and Mipec Tower (229 Tay Son).
3. Floor Plate Layout, Architecture, and Handover Specifications
Vitraco Building features a bright, functional architectural form engineered for spatial flexibility and acoustic comfort:
- Dual Frontage & Architectural Facade: Features refined granite exterior elements and premium structural glass window walls that reduce ambient traffic noise while flooding workspaces with daylight.
- Compact & Efficient 105 sqm Floor Plates: Column-free internal floor geometry ensures optimal usable square footage, allowing occupiers to design open workstation areas, private manager cabins, or meeting rooms.
- Granular Unit Subdivisions: Floor plates can be flexibly partitioned starting from 45 sqm to 50 sqm, making it easy for lean startups and small representative offices to secure central space without overextending budgets.
- Standard Handover Specifications:
- Completed acoustic drop-ceiling grid with integrated commercial lighting.
- Levelled sub-flooring ready for tenant carpet, tile, or wood laminate installation.
- Two-way central air conditioning system pre-installed.
- Telecom and high-speed fiber-optic internet cabling (Viettel, VNPT, FPT) pre-routed to each floor.
- Certified automatic fire alarm and protection systems.
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Floor plates can be subdivided to suit tenant requirements
=> See more:Office for lease in Dong Da District – Explore Grade A, B, and C commercial office listings in Dong Da District
4. Technical Infrastructure & On-Site Tenant Amenities
Vitraco Building delivers dependable building systems and responsive property services to support daily business operations:
- Vertical Transportation: 01 high-speed passenger elevator serving all 9 office levels efficiently.
- Climate Control & HVAC: Central two-way air conditioning system providing year-round climate regulation and indoor comfort.
- Power Security: Dedicated backup generator providing 100% full electrical backup during unexpected power grid outages.
- Safety & Security: Standard-compliant automatic fire alarm and firefighting systems; 24/7 CCTV security monitoring and on-site security staff.
- Parking Logistics: 01 subterranean basement level accommodating employee motorbikes, with off-street car parking facilities arranged immediately adjacent to the building.
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The basement accommodates a moderate number of motorbikes
=> See also:Office For Lease In Hanoi – Discover Grade A, B, and C commercial office options in Hanoi
- Surrounding Neighborhood Amenities:
- Dining & Cafes: Surrounded by diverse local eateries and cafes, including Cong Caphe, Van Tue, Mat A, Minh Duc office lunches, Bep Ngon, and nearby options in the Thai Thinh – Tay Son precinct.
- Retail & Convenience: Proximity to Royal City Megamall, WinMart, and traditional markets like Nga Tu So Market for daily convenience and employee errands.
5. Rental Rates, Service Charges, and Leasing Cost Structure
Vitraco Building offers an all-inclusive and budget-conscious cost structure:
No. | Cost Component | Amount |
1 | Base Rent (excl. VAT; service charge included) | US$9.00 – $11.00/sqm/month |
2 | Building Service Charge | US$0.00/sqm/month (Included in base rent) |
3 | Total Rent (Base + Service Charge, excl. VAT) | US$9.00 – $11.00/sqm/month |
4 | Motorcycle Parking Fee | 100,000 VND/motorbike/month |
5 | Car Parking Fee | Arranged off-site near the building |
Note: Quoted rental rates, fit-out rent-free construction periods, and lease contract terms are subject to final negotiation depending on leased unit size, floor level, and lease duration.
Dai Loi Commercial and Real Estate Consulting JSC (Property Plus) is a premier commercial real estate advisory firm in Hanoi with over 12 years of specialized office leasing expertise.Propertyplus.vn provides corporate tenants with authoritative market insights, space verification, site visits, option comparisons, shortlist selections, and end-to-end lease negotiation support completely free of charge.
For updated space availability, floor plans, and customized leasing proposals at Vitraco Building (172 Thai Thinh Street), contact Property Plus today:
Contact Information:
PROPERTYPLUS.VN
Address: 4th Floor, Kinh Do Building, 292 Tay Son, Dong Da, Hanoi
Hotline:0865.364.866
Email:office@propertyplus.com.vn