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SALEM, OHIO — The Luttner Retail Group has brokered the sale of a freestanding Advance Auto Parts store in Salem. An undisclosed West Coast investment group acquired the property for $1.27 million, which represents an 8.25 percent capitalization rate. The property, which was built in 2008, is leased to Advance Auto Parts for an initial 15-year term. Matt Luttner of The Luttner Retail Group brokered the transaction. The seller was a private developer.