Second Quarter 2010 Operating Results Announced by National Retail Properties, Inc.

ORLANDO, Fla., Aug. 4 /PRNewswire-FirstCall/ -- National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, today announced operating results for the quarter and six months ended June 30, 2010.

Highlights include:

NNN paid cash dividends to its common stockholders of $0.375 per share during the quarter and $0.75 for the six months ended June 30, 2010.

Investment Portfolio occupancy was 97.3% at June 30, 2010, as compared to 96.4% at December 31, 2009, and 96.7% at June 30, 2009.

Investments and Dispositions for the quarter ended June 30, 2010:

Investments:

$26.2 million in the Investment Portfolio, including acquiring six properties with an aggregate 33,000 square feet of gross leasable area

Dispositions:

Six Investment properties with an aggregate 57,000 square feet of gross leasable area, with net proceeds of $4.6 million, resulting in a gain of $355,000

Three Inventory properties with net proceeds of $42.0 million

Investments and Dispositions for the six months ended June 30, 2010:

Investments:

$38.6 million in the Investment Portfolio, including acquiring 10 properties with an aggregate 97,000 square feet of gross leasable area

Dispositions:

11 Investment properties with an aggregate 71,000 square feet of gross leasable area, with net proceeds of $11.4 million, resulting in a gain of $377,000

Four Inventory properties with net proceeds of $42.8 million

Capital transactions for the quarter ended June 30, 2010:

Issued 58,215 shares of common stock generating $1,310,000 of net proceeds pursuant to the Dividend Reinvestment and Stock Purchase Plan

For a complete copy of the company's news release and financials, please contact Kevin B. Habicht, Chief Financial Officer of National Retail Properties, Inc., +1-407-265-7348 or investorrelations@nnnreit.com.