Scottrade Hoboken – Doomed
Scottrade closes in Hoboken, NJ
Nearly six years to the day, Scottrade opened up at 114 Washington Street. And when we shared that “breaking news,” we asked if anyone actually had a need for a brick & mortar trading broker.
Now they’re doomed, and we are still puzzled why it took so long. Never saw a single person walk in or out of this place. Not even a homeless vestibule squatter!
Anyway, this 1600 square foot retail space just blocks from the PATH station can be had for a paltry $180,000 a year in rent. The brokers on this deal know – and they’re suggesting a doctor’s office or bank. That tells you where the money is these days, right?
Stockbroker For Rent
Address: 114 Washington Street, Hoboken, NJ 07030
Stockbroker Scottrade took the place of the old Sprint Wireless store at 114 Washington Street.
Does anyone actually use a brick & mortar broker?
“Scottrade is dedicated to providing our customers with an exceptional customer service experience, both from our network of branch offices and our headquarters in St. Louis, Mo. Our licensed brokers, branch managers and service specialists are trained to assist customers with all of their investing needs and deliver complete customer satisfaction. From New York to Alaska, our branch offices bring a name and a face to the customer experience.”