Navy Federal Credit Union Acquires Office Building From Zalco Commercial For $12 Million In Vienna VA
901 Follin Lane Southeast
$12,000,000
$120/SF
Building Size
100,000 SF
Asset Type
Office
Closing
Jan 27, 2026
About this deal
AI
A vacant office building located at 901 Follin Lane Southeast in Vienna, VA, has been sold for a total of $12,000,000. The property encompasses an area of 100,000 square feet, resulting in a price per square foot of $120.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $12,000,000
- Address: 901 Follin Lane Southeast
- Market: Vienna, VA
- Square Footage: 100,000
- Price Per Square Foot: $120
- Buyer: Navy Federal Credit Union
- Seller: Zalco Commercial
- Brokerage: Cresa
- Brokers: Gene Sachs, Rich Rhodes & Dan Silverman
Cresa facilitated the transaction between Navy Federal Credit Union and Zalco Commercial, representing the interests of the buyer and seller in securing the property deal.
Players
Vienna Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93