Record Operating Results Announced by National Retail Properties, Inc.

ORLANDO, FL, Feb. 3, 2009 /PRNewswire-FirstCall/ -- National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced operating results for the quarter ended December 31, 2008, including an 11.6% increase in revenues and an 8.9% increase in Funds From Operations ("FFO") per share compared to the same period for 2007.

Additionally, the company announced a 25.2% increase in revenues and a 6.4% increase in FFO per share for the year ended December 31, 2008 compared to the same period for 2007.

For a complete copy of the operating results, please contact Kevin B. Habicht, (top right photo) Chief Financial Officer, National Retail Properties, Inc., +1-407-265-7348