Item 1.01. Entry into a Material Definitive Agreement.

National Retail Properties, Inc. (the "Company") entered into that certain
Second Amended and Restated Credit Agreement, dated as of June 23, 2021 (the
"Credit Agreement"), with Wells Fargo Bank, National Association, as
Administrative Agent, and a syndicate of lenders named therein. The Credit
Agreement amends and restates that certain Amended and Restated Credit
Agreement, dated as of May 25, 2011 (as amended, the "Existing Credit
Agreement"), by and among the Company, Wells Fargo Bank, National Association,
as Administrative Agent, and a syndicate of lenders named therein.
The Credit Agreement amended the terms under the Existing Credit Agreement by:
(i) increasing the borrowing capacity to $1.1 billion from $900 million; (ii)
maintaining the accordion feature to increase the facility size to $2.0 billion;
(iii) reducing the interest rates under the tiered rate structure; and (iv)
extending the termination date from January 31, 2022 to June 23, 2025. The
termination date of the Credit Agreement remains subject to extensions
exercisable at the option of the Company. Based on the Company's current credit
ratings, borrowings under the Credit Agreement will bear interest at a rate of
LIBOR plus 77.5 basis points, which was reduced from LIBOR plus 87.5 basis
points under the Existing Credit Agreement.
The Credit Agreement contains certain (a) restrictive covenants, including, but
not limited to, restrictions on the incurrence of additional indebtedness and
liens, the ability to make certain payments and investments and the ability to
enter into certain merger, consolidation, asset sale and affiliate transactions,
and (b) financial maintenance covenants, including, but not limited to, a
maximum leverage ratio, a minimum fixed charge ratio and a maximum secured
indebtedness ratio. The Credit Agreement also contains representations and
warranties, affirmative covenants and events of default, including certain cross
defaults with the Company's other indebtedness, customary for an agreement of
its type. As is customary, certain events of default could result in an
acceleration of the Company's obligations under the Credit Agreement.
The foregoing summary is not an exhaustive description of the terms of the
Credit Agreement, which is attached hereto as Exhibit 10.1, and such summary is
qualified in its entirety by reference to the attached Credit Agreement.
Item 2.03.         Creation of a Direct Financial Obligation or an Obligation under an
                   Off-Balance Sheet Arrangement of a Registrant.


The disclosure required by this Item 2.03 is included in Item 1.01 above and is
incorporated herein by reference.
Item 9.01.     Financial Statements and Exhibits.


(d)Exhibits.
           10.1             Second Amended and Restated Credit Agreement, dated as of June 23,
                          2021, by and among National Retail Properties,

Inc., Wells Fargo Bank,


                          National Association, as Administrative Agent, and a syndicate of
                          lenders named therein.
          104.1           Cover Page Interactive Data File (the Cover Page Interactive Data File
                          is embedded within the Inline XBRL document)




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Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



                                                 National Retail Properties, Inc.

Dated: June 24, 2021                             By:                           /s/ Kevin B. Habicht
                                                                               Kevin B. Habicht
                                                                               Executive Vice President and Chief
                                                                               Financial Officer

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