37 Ly Thuong Kiet Building (Tòa nhà 37 Lý Thường Kiệt) offers cost-efficient, practical Grade C commercial office space for lease located at 37 Ly Thuong Kiet Street, Hang Bai Ward, Hoan Kiem District, Hanoi. Developed and managed by Northern Textile and Garment Yarn JSC (TEXTACO), a long-established state-founded enterprise, the 8-storey standalone office tower with 1 subterranean basement level offers approximately 2,400 sqm of total leasable office area across typical floor plates of 300 sqm. Situated directly on one of Hanoi’s most prestigious administrative and diplomatic boulevards in central Hoan Kiem, the building features flexible unit subdivisions starting from 70 sqm up to full 300 sqm floor plates, high-speed passenger elevators, central air conditioning, 100% backup power capacity, zero building service charges, and competitive base rents from US$13.00 – $17.00/sqm/month (VAT excluded), providing an ideal workspace solution for small and medium-sized enterprises (SMEs), startups, financial firms, trade representatives, and corporate branches.
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37 Ly Thuong Kiet Building offers Grade C offices for lease
1. Executive Summary & Building Overview
37 Ly Thuong Kiet Building combines a highly prestigious Hoan Kiem address, flexible 300 sqm floor plates, reputable state-backed developer credentials, and low operational overheads:
- Building Name: 37 Ly Thuong Kiet Building (Tòa nhà 37 Lý Thường Kiệt).
- Developer / Investor: Northern Textile and Garment Yarn JSC (TEXTACO / Công ty Cổ phần Dệt may Khí Cụ Bắc).
- Location & Address: 37 Ly Thuong Kiet Street, Hang Bai Ward, Hoan Kiem District, Hanoi.
- Building Grade: Grade C Commercial Office Building.
- Total Office Leasable Area: Approximately 2,400 sqm.
- Building Scale: 08 upper office storeys + 01 subterranean basement level.
- 01 Subterranean Basement & Grounds: Secure basement garage and surrounding surface areas for employee motorbikes and tenant vehicles.
- Ground Level: Spacious entrance lobby surrounded by mature shade trees, reception desk, elevator hall, and security counter.
- Upper Storeys (Levels 1–8): 08 storeys dedicated to flexible commercial office space for lease.
- Typical Floor Plate: Approximately 300 sqm per floor.
- Clear Ceiling Height: Finished clear height of 2.70 m.
- Primary Leasing Options: Flexible unit subdivisions starting from 70 sqm (e.g., 70 sqm, 85 sqm, 135 sqm, 245 sqm, up to full 300 sqm floor plates).
- Key Financial Advantage:Zero Building Service Charge overhead with base rents starting at US$13.00/sqm/month.
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The property fronts a bustling, well-developed street
2. Strategic Location Advantages in Hanoi’s Administrative Core
Situated at 37 Ly Thuong Kiet Street, the building occupies a prime street-front position on a tree-lined boulevard in central Hoan Kiem District:
- Arterial Highway Links: Direct frontage on Ly Thuong Kiet Street, intersecting key central arteries including Hai Ba Trung, Le Duan, Tran Hung Dao, Quang Trung, and Trang Thi.
- Multi-District Accessibility: Enables rapid transit across primary central business districts including Ba Dinh, Dong Da, Long Bien, and Hai Ba Trung.
- Diplomatic & Civic Hub: Proximity to major foreign embassies (Embassy of the United Kingdom, Embassy of Turkey, Embassy of Laos) and key state administrative bodies, including the Supreme People’s Court, Ministry of Finance, and Ministry of Culture, Sports & Tourism.
- Key Central Landmarks & Transit Distance:
- 650 m: University of Science (VNU Hanoi).
- 800 m: Hoan Kiem Lake.
- 1.0 km: National Museum of History.
- 1.3 km: Hanoi Railway Station (Ga Hà Nội).
- 1.9 km: Hanoi Opera House.
- 2.5 km: Thong Nhat Park.
- 6.6 km / 10.6 km: Gia Lam Bus Station / Gia Lam Airport.
- 32.4 km: Noi Bai International Airport (approx. 35–40 minutes drive).
3. Floor Plate Layout, Architecture, and Handover Specifications
37 Ly Thuong Kiet Building features a clean architectural form engineered for high spatial efficiency and comfort:
- Facade & Natural Daylight: Features insulated, noise-reducing glazed window walls with built-in UV protection, minimizing urban heat absorption and noise while flooding office interiors with natural light.
- Efficient 300 sqm Floor Plates: Column-free internal floor geometry allows corporate occupiers to optimize workstation arrays, private manager offices, and conference facilities.
- Granular Unit Subdivisions: Floor plates can be flexibly partitioned starting from 70 sqm to suit lean startup teams, consulting practices, or expanding corporate branches.
- Standard Handover Specifications:
- Completed drop-ceiling grid with integrated commercial lighting (2.70 m clear height).
- Smooth, levelled sub-flooring ready for tenant floor coverings (carpet, tile, or laminate).
- Central air conditioning system pre-installed for uniform temperature control.
- High-speed telecom and fiber-optic internet cabling pre-routed.
- Certified automatic fire alarm and response systems.
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Green, shaded surroundings at 37 Ly Thuong Kiet
=> See more:Office for lease in Hoan Kiem District – Explore Grade A, B, and C commercial office listings in Hoan Kiem District
4. Technical Infrastructure & On-Site Tenant Amenities
37 Ly Thuong Kiet Building provides reliable technical infrastructure and daily property services:
- Vertical Transportation: High-speed passenger elevators ensuring smooth vertical travel across all 8 office floors.
- Climate Control & HVAC: Central air conditioning system maintaining a consistent indoor working environment.
- Power Security: Dedicated backup generator providing 100% full electrical load coverage during power outages.
- Safety & Security: Standard-compliant automatic fire protection systems; 24/7 CCTV surveillance monitoring and on-site security personnel.
- Utilities & Billing: Electricity and water usage billed directly according to official government-regulated public utility rates.
- On-Site F&B & Corporate Tenants: Ground-floor and internal presence of Lan Vien Restaurant, Valuation and Financial Services JSC, and TEXTACO corporate office.
- Parking Logistics: 01 subterranean basement level combined with surrounding surface parking grounds for employee motorbikes and tenant cars.
=> See also:Office For Lease In Hanoi – Discover Grade A, B, and C commercial office options in Hanoi
- Surrounding Neighborhood Amenities:
- Banking Network: Proximity to major financial institutions including TPBank, Agribank, BaoVietBank, VietinBank, and Techcombank.
- Dining & Cafes: Surrounded by popular cafes and eateries including Phuc Long Coffee & Tea, Phe La Ly Thuong Kiet, Mo Coffee, Madame Huong, Laika Coffee, Tous les Jours, and Com Ga Quay.
- Retail & Malls: Proximity to premier shopping centers including Trang Tien Plaza and Vincom Center Ba Trieu.
- Healthcare: Close to top public hospitals including Viet Duc Hospital, Vietnam National Eye Hospital, and Vietnam-Cuba Hospital.
- Parks & Greenery: Within short walking distance of Hoan Kiem Lake, Ly Thai To Garden, and Hang Trong Park.
5. Rental Rates, Service Charges, and Leasing Cost Structure
37 Ly Thuong Kiet Building maintains a cost-effective fee structure for commercial tenants in central Hoan Kiem:
No. | Cost Component | Amount |
1 | Base Rent (excluding VAT & service charge) | US$13.00 – $17.00/sqm/month |
2 | Building Service Charge | US$0.00/sqm/month (Included / Waived) |
3 | Total Rent (Base + Service Charge, excl. VAT) | US$13.00 – $17.00/sqm/month |
4 | Motorcycle Parking Fee | US$5.00/motorbike/month |
5 | Car Parking Fee | US$150.00/car/month |
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 37 Ly Thuong Kiet Building, contact Property Plus today:
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