National Retail Properties, Inc. Increases Common Dividend

ORLANDO, FL., July 15 /PRNewswire-FirstCall/ -- The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 38 cents per share payable August 16, 2010 to common shareholders of record on July 30, 2010.

The dividend represents a 1.3% increase in the quarterly dividend rate.

National Retail Properties has paid increased annual dividends per share for 20 consecutive years and is one of only 114 publicly traded companies in America that have increased annual dividends paid to shareholders for 20 or more consecutive years.

National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net leases. As of March 31, 2010, the company owned 1,014 Investment Properties in 43 states with a gross leasable area of approximately 11.4 million square feet. For more information on the company, visit www.nnnreit.com.

Contact: Kevin B. Habicht, Chief Financial Officer of National Retail Properties, Inc., +1-407-265-7348