Typing this blog post for my reference and to anyone out there who needs it.
Log in via ssh to key in the following commands. There is no option to reset on the GUI (as of 7.6.1)
NX02 > en
NX02 # conf t
NX02 (config) # reset factory ?
halt Halt system after reset, instead of rebooting
keep-all-config Preserve all configuration files (supercedes keep-basic)
keep-basic Preserve licenses in the active configuration
keep-connect Preserve configuration files necessary for connectivity
(interfaces, routes, and ARP)
only-config Reset only configuration
You may input multiple options such as this:
IDANX02 (config) # reset factory keep-basic keep-connect