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Orlando, Florida, November 11, 2014 – National Retail Properties, Inc. (NYSE: NNN) (the “Company”) today announced that it has priced an underwritten public offering of 4,750,000 shares of common stock at a price of $38.16 per share. As part of the offering, the Company granted the underwriters a 30-day option to purchase up to 712,500 additional shares of common stock. The offering is expected to close on November 14, 2014, subject to the satisfaction of customary closing conditions.